Episode 196 of the Investopedia Express podcast with Caleb Silver (July 15, 2024)  ( 19 min )

The S&P 500 added 0.3% on Monday, July 15, 2024, as investors weighed a shifting political environment and the Fed chair reiterated optimism on declining inflation.  ( 18 min )

China's stuttering rebound suffered another blow Monday, with disappointing GDP data leading to losses in U.S.-listed Chinese stocks and China-focused ETFs.  ( 20 min )

Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 19 min )

Fed Chair Jerome Powell said that the latest inflation report shows inflation continues to move lower, but he didn’t commit to interest-rate cuts during an appearance in Washington, D.C., today.  ( 18 min )

Tesla CEO Elon Musk endorsed the candidacy of former President Donald Trump and said a planned robotaxi event would be delayed.  ( 20 min )

Bitcoin was back above $63,000 for the first time in two weeks, up more than 15% from the lows of last week.  ( 22 min )

A luxury-sector downturn shows few signs of letting up, with Burberry replacing its CEO and blaming a slowdown in all its "key regions."  ( 21 min )

SolarEdge Technologies is cutting 400 employees from its workforce thanks to an inventory backlog and declining revenue, according to a Securities and Exchange Commission filing Monday.  ( 20 min )

Apple shares hit a record high Monday after price-target bumps from analysts who cited optimism on the sales growth potential of generative AI for iPhones and iPads.  ( 21 min )

China’s gross domestic product rose 4.7% year-over-year in the second quarter, below expectation, as a prolonged real estate slump and trade tensions continue to weigh.  ( 20 min )

AutoNation has cut its second-quarter earnings guidance in the wake of a cyberattack on software provider CDK Global, the company said Monday in a Securities and Exchange Commission filing.  ( 20 min )

HashiCorp said Monday that it had received a request from the Federal Trade Commission for additional information on IBM's planned acquisition of the cloud software maker.  ( 20 min )

After months of negotiation, Macy’s has ended talks with would-be buyers Arkhouse Management and Brigade Capital Management, sending its shares sharply lower Monday.  ( 20 min )

Shares climb ahead of start of Republican National Convention  ( 20 min )

Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 19 min )

Goldman Sachs reported better-than-expected second-quarter results Monday thanks to growth from its investment banking and wealth management divisions.  ( 20 min )

Cleveland-Cliffs announced a $2.5 billion deal to buy Ontario-based steelmaker Stelco Holdings on Monday.  ( 20 min )

Global smartphone shipments by Apple and South Korea's Samsung rose in the second quarter from a year earlier, but their market shares fell as Chinese rivals chalked up bigger gains, IDC data showed.  ( 20 min )

BlackRock reported a record $10.6 trillion in assets under management in its second-quarter earnings report Monday, as profits and revenue rose year-over-year.  ( 20 min )

News of the day for July 15, 2024  ( 20 min )

Technical indicators point to slowing momentum for Netflix stock ahead of the company's earnings report on Thursday. Monitor these key levels amid earnings-related volatility this week.  ( 21 min )

Deal Would Be Alphabet's Largest Ever Acquisition  ( 21 min )

The S&P 500 added 0.3% on Monday, July 15, 2024, as investors weighed a shifting political environment and the Fed chair reiterated optimism on declining inflation.  ( 1 min )

SolarEdge Technologies is cutting 400 employees from its workforce thanks to an inventory backlog and declining revenue, according to a Securities and Exchange Commission filing Monday.  ( 1 min )

Apple shares hit a record high Monday after price-target bumps from analysts who cited optimism on the sales growth potential of generative AI for iPhones and iPads.  ( 1 min )

Shares of Trump Media & Technology Group rose in the first trading session since Saturday’s attempted assassination of former President Donald Trump at a rally in Pennsylvania.  ( 1 min )

Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 1 min )

China's stuttering rebound suffered another blow Monday, with disappointing GDP data leading to losses in U.S.-listed Chinese stocks and China-focused ETFs.  ( 1 min )

Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 1 min )

After months of negotiation, Macy’s has ended talks with would-be buyers Arkhouse Management and Brigade Capital Management, sending its shares sharply lower Monday.  ( 1 min )

Stock futures moved higher Monday as investors assessed the impact of the assassination attempt on former President Donald Trump on the U.S. presidential election and prepared for a busy week of corporate earnings reports.  ( 1 min )

Technical indicators point to slowing momentum for Netflix stock ahead of the company's earnings report on Thursday. Monitor these key levels amid earnings-related volatility this week.  ( 1 min )

Alphabet shares will be in focus on Monday after a report Sunday that the Google parent is in advanced discussions to acquire cybersecurity startup Wiz for around $23 billion, Monitor these important chart levels.  ( 1 min )

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Solar stocks slumped across the board on Monday, weighed down by a warning from SolarEdge.  ( 59 min )

A new study by Prudential shows that 67% of 55-year-olds, along with a majority of 65 and 75-year-olds, are severely underprepared for retirement and in danger of becoming "silver squatters." According to Prudential, "Silver Squatters" describes retired-age individuals who need to rely more on family for housing and financial support. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many Americans  ( 62 min )

Pfizer (PFE) stock has been struggling, but looking among the market’s laggards can yield attractive opportunities. The stock is super cheap, sports a stellar 5.7% dividend yield and has an interesting potential catalyst on deck in the form of a new weight loss drug candidate that it is moving forward on developing. Plus, sell-side analysts believe the stock has potential upside of 17.1% over the next year. Significantly Cheaper Than the Overall Market So, how cheap is Pfizer? The stock trades a  ( 62 min )

Tanner Firl, a 29-year-old software engineer from Minneapolis, Minnesota, has an ambitious goal: to retire by age 35. With an annual salary of $135,000, Tanner has already saved $380,000 for retirement. His secret? Extreme frugality and strategic investing. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. The average American couple has saved this much money for retirement — How do you compare? Tanner believes his frugality set  ( 62 min )

If you ask investors about dividends, many would say, "the more, the merrier." Monthly dividends from REITs are popular because they allow shareholders to earn money effortlessly through direct deposits. Keep reading to find out how you can earn a ...  ( 61 min )

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Shares of Tesla, Rivian, and Lucid have all exploded higher over the last month.  ( 61 min )

Trump Media & Technology Group surged about 40% early Monday after former President Donald Trump survived an assassination attempt at a Pennsylvania rally on Saturday.  ( 62 min )

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Find the latest Ulta Beauty, Inc. (ULTA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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How much is too much to pay for Celsius stock if its growth is slowing?  ( 61 min )

Find the latest Ulta Beauty, Inc. (ULTA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

(Bloomberg) -- The momentum behind Donald Trump’s campaign for a second term as president is rekindling concerns that the long-cherished municipal bond tax-break may be scrapped to help pay for permanent tax cuts. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBold and Bloodied Trump Seizes the Moment After Being ShotTrump Classified Docu  ( 62 min )

Many Americans, who are generally not satisfied with today's economy, are focusing on the 2024 presidential election. The U.S. real estate industry and many other sectors are speculating on the implications of a potential second term for Donald Trump. Many economists have considered what a second presidential term under Trump would mean. They've provided insight on everything from interest rates and tax cuts to housing prices and inflation. Don't Miss: Rory McIlroy’s mansion in Florida is worth  ( 62 min )

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Super Micro Computer has been tapped to join the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index starting July 22, the exchange said.  ( 25 min )

American restaurant chains are squeezed by rising prices and fewer customers, forcing companies like Red Lobster to declare bankruptcy and Applebee's to close dozens of locations. "The U.S. restaurant industry finds itself on the menu," "Shark Tank" star Kevin O'Leary wrote in a column for the Daily Mail. O'Leary points out a double whammy for restaurants — people are way more into delivery these days, skipping the dine-in experience, and with more folks working remotely or on a hybrid schedule,  ( 61 min )

Trump Media & Technology Group surged about 40% early Monday after former President Donald Trump survived an assassination attempt at a Pennsylvania rally on Saturday.  ( 62 min )

Bitcoin (CRYPTO: BTC/USD) stocks including Marathon Digital Holdings, Inc (NASDAQ:MARA), CleanSpark, Inc (NASDAQ:CLSK), Coinbase Global, Inc (NASDAQ:COIN), Riot Platforms, Inc (NASDAQ:RIOT), MicroStrategy Inc (NASDAQ:MSTR) are trading higher Monday as Bitcoin surged past $63,000 for the first time in 12 days as U.S. institutional investors resumed purchasing after weeks of sell-offs. Currently, Bitcoin bulls and bears are fiercely contesting this level. Also Read: Following Coinbase And Stripe D  ( 61 min )

The aerospace giant's latest delivery update contained some good news.  ( 62 min )

Key artificial intelligence chip stocks Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) stocks continue to ride the artificial intelligence wave Monday. Wall Street expects leading AI contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to likely report a 30% rise in second-quarter profit on Thursday. The Street expects Taiwan Semiconductor to clock a net profit of $7.25 billion for the quarter ending June 30. Also Read: Nvidia Highlights Lucrative Returns F  ( 61 min )

Another week of gains followed volatile trading on Wall Street as inflation data cemented September rate hikes and big Wall Street banks kicked off second quarter earnings season.  ( 63 min )

Here are three stocks with great dividend track records that are in good position to continue paying out more.  ( 63 min )

(Bloomberg) -- Macy’s Inc. has ended talks with Arkhouse Management Co. and Brigade Capital Management on their revised buyout offer for the department store chain.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawGlobal Markets Ramp Up the ‘Trump Trade’ After Rally AttackFinancin  ( 60 min )

Elon Musk (CEO of Tesla and SpaceX) is undoubtedly one of the most influential contemporary figures. Musk's impact on cryptocurrency, particularly Dogecoin (DOGE), is undeniably impressive. Musk's first DOGE tweet was over five years ago, in April 2019. Since this original tweet, DOGE has taken the financial world by storm, proving its lucrativeness for many investors. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto fa  ( 62 min )

These fundamentally strong stocks can deliver exceptional returns for patient investors.  ( 62 min )

These companies dominate their respective areas of tech and could deliver major gains over the long term.  ( 63 min )

Dividend stocks have been under pressure lately as investors flocked to high-growth tech companies to ride the AI bandwagon. However, amid the latest data showing signs of easing inflation, many analysts believe possible rate cuts from the Federal ...  ( 63 min )

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News of the day for July 15, 2024  ( 61 min )

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Find the latest DuPont de Nemours, Inc. (DD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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These elite companies can help you build lasting wealth.  ( 61 min )

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In what was seen as a move to catch up with Alphabet's Google and Microsoft-backed OpenAI, the iPad maker last month unveiled Apple Intelligence, luring customers to upgrade their devices to be able to use the new technology. Apple's shares, which have jumped nearly 20% this year, rose to $235.37 before the bell, giving the company a market value of about $3.6 trillion, the highest in the world. "Apple Intelligence is a clear catalyst to boost iPhone and iPad shipments," Morgan Stanley analysts said.  ( 25 min )

Goldman Sachs reported that its second-quarter profits soared 150% from a year ago as investment banking surged, the latest signal that Wall Street is warming up after a two-year drought.  ( 61 min )

It is not too late to buy despite its massive growth.  ( 62 min )

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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Airbus is to freeze hiring and cut its costs as it fights a wave of cheaper airliners from China.  ( 60 min )

The market is still full of great picks despite a successful start to the investment year.  ( 62 min )

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Find the latest CrowdStrike Holdings, Inc. (CRWD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest JetBlue Airways Corporation (JBLU) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 47 min )

(Bloomberg) -- Cleveland-Cliffs Inc. agreed to buy Canadian steelmaker Stelco Holdings Inc. for about C$3.85 billion ($2.8 billion), in the company’s first major move after losing out in its bid for United States Steel Corp. last year. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What  ( 61 min )

(Bloomberg) -- Apple Inc. was named a top pick at Morgan Stanley, with the broker seeing the launch of the tech giant’s artificial intelligence platform triggering a record rush among users to upgrade their smartphones, tablets and computers. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here I  ( 61 min )

Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2 million […] The post I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.  ( 63 min )

These companies stand out for their pedigrees, robust financials, and future growth prospects.  ( 62 min )

SolarEdge Technologies said on Monday it would lay off 400 employees, as it works to restore profitability and ensure financial stability.  ( 59 min )

Another week of gains followed volatile trading on Wall Street as inflation data cemented September rate hikes and big Wall Street banks kicked off second quarter earnings season.  ( 26 min )

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Stock splits are all the rage. Which company is next?  ( 62 min )

U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the automaker's launch of 5G vehicles in Britain. Elon Musk's company sued InterDigital and Avanci – which licenses patents from multiple owners, largely for automotive uses – at London's High Court in 2023. InterDigital and Avanci in May asked the court to throw out Tesla's bid for a ruling on the fair terms of a licence for certain patents and the High Court ruled in their favour on Monday.  ( 60 min )

Stock markets have scaled record highs in the last few months amid rising hopes of a soft landing for the U.S. economy and investor frenzy around artificial intelligence-linked stocks. That has boosted BlackRock's assets under management to $10.65 trillion in the quarter, up from $9.43 trillion a year earlier. Fees earned from managing and servicing its client assets make up a substantial portion of BlackRock's revenue.  ( 60 min )

The shock shooting on Saturday of former President Donald Trump, who is seeking a return to the White House, is reverberating around world markets, with bets that the incident boosts his re-election chances steepening the Treasury yield curve and lifting stock futures first thing. The full implications of the gun attack on Trump, who escaped with a minor injury to his ear to head to the Republican convention in Milwaukee on Monday, may take some time for the country and investors to absorb. But for now the simple conclusion is that the shooting likely increases Trump's already considerable chances of returning to the White House after November's election.  ( 62 min )

Trump was shot in the ear on Saturday during a rally in Pennsylvania in what authorities were treating as an assassination attempt. Under Trump, markets expect hawkish trade policy and looser regulation over issues from climate change to cryptocurrency. "Trump as President is likely a positive for risk ... we should see S&P500 futures and the USD push higher today," said Chris Weston, head of research at Pepperstone.  ( 61 min )

It should be only a matter of time before the market caps of these stocks hit $3 trillion.  ( 62 min )

These three stocks boast an average yield that is more than three times the average dividend payer in the benchmark S&P 500 index.  ( 62 min )

Yes, Nvidia is one of them. But it's not the only semiconductor game in town.  ( 62 min )

Social Security continues to fall short for seniors. Here's how it's changing their lifestyles.  ( 61 min )

The following three players are putting a focus on AI.  ( 62 min )

Discounted stock prices make these strong brands worth considering as investments.  ( 61 min )

Wall Street's newest artificial intelligence (AI) stock-split stocks could deliver markedly different returns for investors over the next half-decade.  ( 64 min )

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Vanguard, a popular fund family, is prized for its low costs and stellar performance.  ( 62 min )

Apple, Amazon, and Snowflake are still solid long-term investments.  ( 27 min )

This data-mining stock is getting too hot to handle again.  ( 62 min )

U.S. stock futures were gaining early Monday after the attempted assassination of presidential candidate Donald Trump. Futures for the Dow Jones Industrial Average added 122 points, or 0.3%. S&P 500 futures were also up 0.3%, while contracts tracking the technology-heavy Nasdaq gained 0.5%. All thr  ( 19 min )

Wall Street's next 10-for-1 stock split is being executed by a company whose business is, arguably, built on a house of cards.  ( 64 min )

Revenue is climbing at these two drug companies -- and the trend should continue.  ( 62 min )

Should you buy this high-flying stock-split stock too?  ( 62 min )

Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users may not understand exactly what was not allowed and what action the company could take in such cases. "Therefore, PayPal has an unlimited possibility to decide at will whether the user has committed a prohibited act and what penalty they will face for it, which may be, for example, blocking money on the account."  ( 60 min )

(Bloomberg) -- Swatch Group AG said sales and profit fell sharply amid a China-led slowdown for luxury watchmakers.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseThe Swiss watchmaking conglomerate, whose brands inc  ( 60 min )

The German government completed the sale of its remaining Bitcoin holdings on July 12.  ( 60 min )

Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers' returns this year but the bets stand to magnify risk if the chipmaker's red-hot shares see a reversal of fortune. Nvidia shares are up about 785% since the start of 2023 and have risen some 160% this year alone, boosted by demand for its chips, seen as the gold standard in the AI field. Nvidia briefly became the world's most valuable company in June before a dip in its shares returned that title to Microsoft.  ( 62 min )

European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway of fast money in the $15 trillion market than with business prospects. Take the top 60 companies in Europe's broad STOXX 600 Index: when they reported earnings over the past year, their average daily stock moves were 18% higher than eight years ago, the analysis of more than 120,000 days of share price data from LSEG shows. The reasons for this rise in volatility are hard to pin down precisely but stem in large part from the growing dominance of hedge funds that chase trends in search of quick profit, according to interviews with two dozen traders and investors as well as a review of broker research for hedge funds and other sophisticated investors.  ( 65 min )

Shock at the attempt to assassinate former President Donald Trump is driving markets this Monday. For traders, their initial reaction has been to buy the U.S. dollar and bitcoin and sell longer term U.S. Treasuries -- the so-called Trump-victory trades -- as the incident galvanises his chances of winning back the White House. Federal Reserve Chair Jerome Powell speaks later in the day, and that's an equally high-stakes event that could sway bets of a September rate cut.  ( 26 min )

(Bloomberg) -- Under the blazing Adriatic sun, life almost stopped in Montenegro’s capital Podgorica earlier this summer. Cars and buses were stuck in gridlock as traffic lights went out, the internet crashed, and security alarms blared in reaction to a sudden loss of power supply. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdI Was at t  ( 64 min )

Asian shares began the week trading mixed as China reported that its economy expanded at a slower-than-forecast 4.7% annual pace in the last quarter. Markets seemed to take in stride a shooting at a rally for former President Donald Trumpin Butler, Pennsylvania that is being investigated as an attempted assassination of the presumptive Republican nominee. Leaders of the ruling Communist Party began a four-day meeting in Beijing to set economic strategy for the coming decade as investors watched for signs of measures to help revive the slumping property market and address huge local government debts.  ( 63 min )

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(Bloomberg) -- Shares of a Chinese company whose local-language name sounds like “Trump Wins Big” soared Monday, in the latest example of growing bets on the former US president’s election victory after an assassination attempt.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTru  ( 61 min )

Deal Would Be Alphabet's Largest Ever Acquisition  ( 60 min )

It's out of step with the coffee dance.  ( 61 min )

Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand. The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC's stock - and the broader Taiwan market - to record highs. TSMC is set to report a net profit of T$236.1 billion ($7.25 billion) for the quarter ended June 30, according to a LSEG SmartEstimate drawn from 20 analysts.  ( 61 min )

A luxury-sector downturn shows few signs of letting up, with Burberry replacing its CEO and blaming a slowdown in all its "key regions."  ( 1 min )

AutoNation has cut its second-quarter earnings guidance in the wake of a cyberattack on software provider CDK Global, the company said Monday in a Securities and Exchange Commission filing.  ( 1 min )

Cleveland-Cliffs announced a $2.5 billion deal to buy Ontario-based steelmaker Stelco Holdings on Monday.  ( 1 min )

Global smartphone shipments by Apple and South Korea's Samsung rose in the second quarter from a year earlier, but their market shares fell as Chinese rivals chalked up bigger gains, IDC data showed.  ( 1 min )

Tesla CEO Elon Musk endorsed the candidacy of former President Donald Trump and said a planned robotaxi event would be delayed.  ( 1 min )

HashiCorp said Monday that it had received a request from the Federal Trade Commission for additional information on IBM's planned acquisition of the cloud software maker.  ( 1 min )

Goldman Sachs reported better-than-expected second-quarter results Monday thanks to growth from its investment banking and wealth management divisions.  ( 1 min )

BlackRock reported a record $10.6 trillion in assets under management in its second-quarter earnings report Monday, as profits and revenue rose year-over-year.  ( 1 min )

Schiphol Airport verwacht dat het de drukte deze zomer ondanks het personeelstekort goed aankan. Het was afgelopen weekend behoorlijk druk op de Amsterdamse luchthaven.  ( 1 min )

Twee Nederlandse handelaren mogen de 260 BMW's van het vorig jaar uitgebrande vrachtschip Fremantle Highway niet verder verkopen. De rechtbank in Den Haag heeft de ondernemers ongelijk gegeven in het kort geding dat zij tegen de Duitse autofabrikant hadden aangespannen.  ( 1 min )

Techbedrijf Yandex heeft de verkoop van zijn Russische activiteiten afgerond. Yandex wil verder onder de naam Nebius Group en zich richten op eigen projecten, zoals de ontwikkeling van technologie voor zelfrijdende auto's en cloudopslag.  ( 1 min )

De koers van de grootste cryptomunt bitcoin kwam maandagochtend korte tijd boven de 63.000 dollar (57.775 euro) uit. Dat was een stijging van zo'n 9 procent en het hoogste punt in twee weken. Beleggers denken dat dit komt door de aanslag van afgelopen weekend op Donald Trump.  ( 1 min )

IT-bedrijf Centric wordt overgenomen door een groep Nederlandse ondernemers. Dat meldt het bedrijf maandagochtend. Financiële details over de verkoop zijn (nog) niet bekendgemaakt.  ( 1 min )

De Nederlandse goederenexport is in mei gekrompen. Volgens statistiekbureau CBS stond vooral de export van machines, aardgas en aardolieproducten onder druk.  ( 1 min )

De Nederlandse goederenexport is in mei gekrompen. Volgens statistiekbureau CBS stond vooral de export van machines, aardgas en aardolieproducten onder druk.  ( 1 min )

De economie van China is in het tweede kwartaal van 2024 minder hard gegroeid dan economen hadden verwacht. De op een na grootste economie van de wereld blijft worstelen met de handelsspanningen met de VS en Europa.  ( 1 min )

De economie van China is in het tweede kwartaal van 2024 minder hard gegroeid dan economen hadden verwacht. De op een na grootste economie van de wereld blijft worstelen met de handelsspanningen met de VS en Europa.  ( 1 min )

Het stabureau is in veel (thuis)kantoren niet meer weg te denken. Werkgevers bieden de bureaus aan als gezonde oplossing om het vele zitten te onderbreken. Maar is staand werken echt gezonder?  ( 1 min )

Aanvallen met gijzelsoftware blijven onverminderd doorgaan. Gote cybercriminele groepen werden de afgelopen tijd verstoord door grootschalige politieacties, maar dat heeft geen vermindering teweeggebracht.  ( 1 min )

China's economy likely slowed in the second quarter as a protracted property downturn and job insecurity weighed on domestic demand, keeping alive expectations Beijing will need to unleash more stimulus. Data released on Monday is expected to show the world's second-largest economy grew 5.1% year-on-year in April-June, slowing from 5.3% in the previous three months and the weakest growth since the third quarter of 2023, according to a Reuters poll. The figures come as Beijing seeks to shore up economic confidence at a highly anticipated third plenum, a key leadership meeting that starts Monday, although conflicting requirements such as boosting growth and cutting debt complicate those plans.  ( 61 min )

When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision. What, however, received less attention was an announcement by another big automobile manufacturer - Suzuki Motor - just a few weeks earlier that it will shutter a Thai factory that produced as many as 60,000 cars a year. The Japanese automaker's move mirrors those by scores of other companies in Southeast Asia's second-biggest economy which is bearing the brunt of cheap imports from China and a slide in industrial competitiveness due to factors including rising energy prices and an ageing workforce.  ( 62 min )

U.S. bond futures slipped and the dollar firmed on Monday as investors wagered the attack on U.S. presidential candidate Donald Trump made his victory more likely, while injecting a whole new level of political uncertainty into markets. A holiday in Japan made for thin trading conditions and the early action was confined to a modest rise in the dollar while Treasury futures slipped. Investors have tended to react to the prospect of a Trump win by pushing Treasury yields higher, in part on the assumption his economic policies would add to inflation and debt.  ( 61 min )

(Bloomberg) -- Thomas Matthew Crooks, the 20-year-old gunman who shot and injured former President Donald Trump at a Pennsylvania rally, briefly appeared in an advertisement for BlackRock Inc., the company said on Sunday. Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk  ( 60 min )

(Bloomberg) -- US stock futures fluctuated after the attempted assassination of Donald Trump reinforced speculation that his chances of winning the November presidential election have increased.Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fo  ( 63 min )

Apple is the world's most valuable company again -- but can it keep its crown?  ( 62 min )

A dramatic escalation in U.S. political tension and violence looms over world markets on Monday after the attempted assassination of former President Donald Trump on Saturday, with Asian assets the first to show what the impact - if any - will be on trading and investing. If the shooting strengthens Trump's election hopes, analysts reckon so-called 'Trump-victory trades' could include a stronger dollar and a steeper U.S. Treasury yield curve. Even before Saturday's violence, there was no shortage of meaty issues for investors in Asia to get their teeth into on Monday - from snowballing U.S. rate cut expectations to suspected Japanese FX intervention and a deluge of economic data from China including second quarter GDP.  ( 61 min )

"This would be the third time that stocks entered a cycle where annual returns compound at high teens," Fundstrat's Tom Lee said.  ( 62 min )

(Bloomberg) -- As world financial markets started to reopen after the attempted assassination of Donald Trump, one thing seemed likely: The Trump trade will get even more momentum. Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceTrump Shooting Changes Biden’s Strategy to Reviv  ( 62 min )

Analysts have warned that Trump's plans to impose across-the-board tariffs, extend tax cuts, and limit immigration will be inflationary.  ( 62 min )

These stocks have sound fundamentals, and they could soar in the coming years.  ( 62 min )

Pandemic spending is paying off for Amazon.  ( 61 min )

What could stand in the way of Nvidia's continued success?  ( 63 min )

The fact that it isn't actually trading at a bargain is the least important factor.  ( 62 min )

As generous as Costco policies may be, membership can still be revoked. Find out what bad behaviors can cause you to lose your membership.  ( 62 min )

Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in advanced talks to acquire Wiz for around $23 billion. While the deal isn’t finalized, the WSJ says it could come together soon.  ( 60 min )

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(Bloomberg) -- Google parent Alphabet Inc. is in advanced talks to buy cybersecurity startup Wiz in a deal that could fetch $23 billion, the Wall Street Journal reported, citing people with knowledge of the matter.Most Read from BloombergTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceI Was at the Trump Rally Where He Was Shot. Here Is What I SawHaven Rush, ‘Tr  ( 60 min )

Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. A deal could come together soon, assuming the talks don't fall apart, the report added. Google and Wiz did not immediately respond to a Reuters' request for comment.  ( 59 min )

Is Sirius XM a hidden gem or a stock to avoid? Here's what you need to know.  ( 27 min )

SoFi stock has dramatically underperformed the broader market so far this year.  ( 62 min )

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The growing spending on memory chips could give this chip stock a nice boost following its upcoming earnings report.  ( 62 min )

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Micron's memory chip solutions are sold out through 2025.  ( 62 min )

These beaten-down blue chip stocks are struggling in 2024, but one stands out as the better buy today.  ( 63 min )

Beaten-down stocks can sometimes present an opportunity.  ( 63 min )

Shares are up for very good reasons.  ( 62 min )

Find out which crypto-related stocks are thriving in the post-halving market of 2024 and why. The answer may set you up for market-beating returns in the long run.  ( 63 min )

They don't have the most exciting businesses, but they have a lot to offer nonetheless.  ( 62 min )

Second quarter earnings season will begin to ramp up in the week ahead with results from Netflix, American Express, Goldman Sachs, and UnitedHealth set to feature.  ( 63 min )

This blue chip stock has market-beating potential after a disastrous decade.  ( 62 min )

The Federal Reserve's annual "stress test" exercise showed last month that the biggest U.S. banks would have enough capital to withstand severe economic and market turmoil but firms faced steeper hypothetical losses this year due to riskier portfolios. The tested banks overall saw losses of 17.6% to existing loan balances on credit cards and among them Goldman Sachs recorded 25.4% in losses. Goldman had one of the biggest increases in stress capital buffers (SCB) at 94 basis points.  ( 60 min )

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Lucid's luxury EVs get great reviews and the stock is cheap. But there are some things you should know before you buy.  ( 62 min )

These companies have bright futures over the long term but are trading at bargains compared to their peers.  ( 63 min )

Price is just one factor to consider.  ( 62 min )

Microsoft is the most valuable company in the world and shows no signs of slowing down.  ( 63 min )

Nvidia has gotten quite expensive compared to many other successful companies.  ( 61 min )

Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay any taxes if the assets you’re rolling over are held in another Roth account, there’s typically no way to completely avoid paying taxes when rolling pre-tax money into a Roth IRA. […] The post I Want to Roll Over $720k to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartReads by SmartAsset.  ( 65 min )

Required minimum distributions, or RMDs, are a problem for some retirees. If that's your situation, a Roth conversion may be able to help. The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is an end to RMD concerns. Since you've already paid taxes on the […] The post I'm 60 With $1.1 Million in an IRA. Is It Worth Converting $100,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.  ( 64 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 62 min )

Looking for budget-friendly AI investment opportunities? Here are three stellar AI giants to consider today.  ( 64 min )

UiPath and MercadoLibre both have immense upside.  ( 61 min )

It often doesn't make sense for couples to follow this common financial advice so strictly.  ( 61 min )

Simpler and safer is a more fruitful strategy in the long run. These three distinctly different funds may be all you need.  ( 63 min )

What's better than a dividend? A dividend that's growing.  ( 62 min )

Paying taxes now with the promise of not owing them later sounds savvy on the surface, but there's more to the matter.  ( 63 min )

These companies are winning now and should continue winning for the foreseeable future.  ( 63 min )

The renewable energy MLP offers a 13% yield and promises of more distribution growth. However, it may not exist in five years.  ( 62 min )

Taiwan Semiconductor Manufacturing stands to benefit from booming demand in AI chips.  ( 62 min )

Nvidia used to be Wall Street's darling. Now, many analysts like Broadcom more.  ( 61 min )

Mortgage real estate investment trusts aren't the easiest businesses to understand, and determining whether one makes sense for your portfolio can be complicated.  ( 62 min )

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You don't need only hyped-up growth stocks -- in fact, you should have some unhyped stocks in your portfolio, too.  ( 62 min )

Most of the world's wealthiest hedge fund managers are investing heavily in AI. And they especially like two AI stocks.  ( 62 min )

Investors should consider these stocks before others discover them.  ( 62 min )

The S&P 500 is trading at a record high, led by the technology sector, but it's not too late to buy in for the long term.  ( 63 min )

Billionaires know the opportunity in AI goes well beyond Nvidia.  ( 62 min )

Four high-octane growth stocks with well-defined catalysts and competitive advantages have a clear path to reach a $1 trillion valuation in 16 years.  ( 63 min )

The company is just around the corner from fresh quarterly earnings and a highly anticipated product launch.  ( 62 min )

Chipotle stock has retreated in the wake of its stock split.  ( 61 min )

Are the sales a sign of overvaluation? Or just business as usual?  ( 62 min )

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It's never too early or too late to improve your financial status.  ( 62 min )

These companies rule retail and could deliver significant gains.  ( 28 min )

The prices of these reliable dividend payers haven't kept pace with the frothy stock market.  ( 61 min )

The veteran telecom is on an upswing from a multiyear turnaround.  ( 61 min )

SINGAPORE (Reuters) -Saturday's shooting at former U.S. President Donald Trump's election rally raises his odds of winning back the White House and betting on his victory will increase, investors said. Trump was shot in the ear during a rally in Pennsylvania in what authorities were treating as an assassination attempt. Before the shooting, markets had reacted to the prospect of a Trump presidency by pushing the dollar higher and positioning for a steeper U.S. Treasury yield curve, and those moves extended a little in Asia trade on Monday morning.  ( 62 min )

The Trump campaign later said the former president was "doing well" and appeared to have suffered no major injury besides a wound on his upper right ear. "Perhaps we see the market begin projecting longer-term rates higher, and anticipating lower short-term rates, because I think it's clear that as president, Trump would push for lower rates right away."  ( 63 min )

While you don't need a ton of money saved up just yet, you do need a plan to either start or continue saving regularly going forward.  ( 63 min )

Now might be a great time to bite the bullet and buy this semiconductor stock on a dip.  ( 62 min )

(Bloomberg) -- Saudi Arabia faces the most precarious moment yet of its economic reinvention.Most Read from BloombergTrump ‘Fine’ After Being Shot in Ear in Assassination AttemptMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceTrump’s Bloodied, Defiant Image After Shooting Pumps Up His BaseCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedEight years after now-Crown Prince Mohammed bin Salman unveiled Vision 2030, h  ( 63 min )

(Bloomberg) -- European Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions.Most Read from BloombergTrump ‘Fine’ After Being Shot In Ear at Rally, Shooter Is DeadMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Self-Belief Collides Wit  ( 65 min )

SIM-swapping is a growing form of identity theft that goes beyond hacking into an email or social media account. In this case, the thieves take over your phone number. Any protections consumers enabled to secure access to their financial accounts, such as two-factor authentication texts, now can aid attackers and lock out owners.  ( 62 min )

(Bloomberg) -- Traders will initially rush into haven assets and reevaluate trades most linked to former President Donald Trump’s candidacy after he was shot at a rally, according to market watchers.Most Read from BloombergTrump ‘Fine’ as Shooting Investigated as Assassination AttemptMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Self-Belief Collides With Dem  ( 61 min )

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Google parent Alphabet is reportedly in talks with cybersecurity startup Wiz in a bid to shore up its cloud computing business.  ( 20 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 23 min )

Coming up: Powell remarks, GOP Convention, earnings from big banks, Netflix earnings  ( 26 min )

Google parent Alphabet is reportedly in talks with cybersecurity startup Wiz in a bid to shore up its cloud computing business.  ( 1 min )

The Fed could take the steam out of stocks in the second half of the year, some analysts say.  ( 1 min )

Coming up: Powell remarks, GOP Convention, earnings from big banks and Netflix earnings  ( 1 min )

Energie opwekken uit oude frieten en uienschillen: op een Alkmaars industrieterrein doen ze het. Groen gas is een duurzamer alternatief voor aardgas, waarvan we jaarlijks 30 miljard kuub gebruiken in Nederland. Maar grootschalige productie komt nog niet echt op stoom. "Onbekend maakt onbemind."  ( 1 min )

Energie opwekken uit oude frieten en uienschillen: op een Alkmaars industrieterrein doen ze het. Groen gas is een duurzamer alternatief voor aardgas, waarvan we jaarlijks 30 miljard kuub gebruiken in Nederland. Maar grootschalige productie komt nog niet echt op stoom. "Onbekend maakt onbemind."  ( 1 min )

Precies drie jaar na de watersnood in Limburg zijn Nederlanders nog steeds niet goed verzekerd voor grote overstromingen. Een oplossing laat op zich wachten, omdat de overheid en verzekeraars er nog niet uit zijn.  ( 1 min )

Precies drie jaar na de watersnood in Limburg zijn Nederlanders nog steeds niet goed verzekerd voor grote overstromingen. Een oplossing laat op zich wachten, omdat de overheid en verzekeraars er nog niet uit zijn.  ( 1 min )

The last couple of years have been painful. Is the worst over?  ( 62 min )

Nvidia stock is up nearly 800% over the last 18 months.  ( 62 min )

Cava and Chipotle stock have each outperformed the S&P 500 so far this year.  ( 61 min )

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Shares of Ulta Beauty deserve a closer look following the deep sell-off.  ( 62 min )

Several stellar dividend stocks are trading at low prices you rarely see.  ( 62 min )

It is hard to find high yields in a raging bull market, but it isn't impossible. Here are three that are just waiting to be added to your portfolio.  ( 62 min )

The percentage of S&P 500 stocks that are outperforming the index has fallen to a record low, diving below 25%, according to Apollo Global Management.  ( 60 min )

There's probably more of the same coming from this perennial winner.  ( 61 min )

The oil major faces some uncertainty, and it might be time to start looking at investing in some other oil stocks as well.  ( 62 min )

Markets are racing higher, but some stocks are trading at fire-sale prices.  ( 61 min )

Should you bet on this exciting artificial intelligence stock?  ( 61 min )

Investors might be undervaluing an entire segment of the stock market, and it could lead to a decade of outperformance.  ( 63 min )

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I’m a Berkshire investor and I don’t plan to go anywhere when Buffett is no longer part of the show. Should you?  ( 62 min )

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Shares of Super Micro Computer are up over 200% so far this year.  ( 62 min )

Globe Life stock plummeted earlier this year after it was the target of a short seller.  ( 61 min )

(Bloomberg) -- Argentina’s central bank will sell US dollars in the country’s parallel foreign exchange markets starting Monday, a move Economy Minister Luis Caputo called “a deepening of the monetary framework.” Most Read from BloombergMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceCanada Said to Have Mapped Out Secret Chinese Police OperationsGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignGriffin, Singe  ( 61 min )

These are solid stocks that have all generated 10-year returns in excess of 200%.  ( 63 min )

Agree is a fast-growing REIT with an attractive yield. This competitor with a higher yield is transitioning its business so it can grow faster.  ( 62 min )

The split for Microsoft could come at a lower price than comparable stocks.  ( 56 min )

Demand has skyrocketed beyond belief.  ( 26 min )

Argentina will cease expanding its monetary base as part of the government's campaign to combat inflation, Economy Minister Luis Caputo said on messaging platform X on Saturday. "From now on the amount of money remains the same or is reduced if the central bank (BCRA) sells dollars" in the official exchange market known as the MULC, Caputo wrote. "If the BCRA buys dollars in the MULC, the issuance of equivalent pesos will be sterilized with the sale of equivalent dollars in the cash with liquidation (CCL) market," a market where dollar transactions are settled in cash, Caputo wrote.  ( 60 min )

Here's how to decide on the best age to file for benefits.  ( 61 min )

These energy stocks have plenty of fuel to pay dividends and generate strong total returns.  ( 63 min )

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There is still much growth left in this red-hot cybersecurity stock.  ( 62 min )

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This is a company that may be unfamiliar to many investors, but it's worth getting to know.  ( 62 min )

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Here are two timely buys that can grow your money.  ( 61 min )

MicroStrategy's soaring share price resulted in a 10-for-1 stock split. Here's what you need to know.  ( 62 min )

These stocks all yield more than 3%.  ( 62 min )

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These growing companies can help you build lasting wealth.  ( 63 min )

These stocks have been beating the market so far this year, and they could keep right on beating it.  ( 62 min )

I closed out five stock holdings and took profits on two more this week. Here's why I parted ways with these stocks.  ( 64 min )

The oil giant will need to cut its debt quickly after closing its CrownRock deal.  ( 62 min )

Chipotle has been executing well lately with sales growth of 14% year over year in the first quarter -- and there's more to come.  ( 62 min )

With or without Palantir, Starlab will probably be America's next space station.  ( 62 min )

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.  ( 63 min )

I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.  ( 64 min )

Expect the upsurge in these consumer stocks to continue.  ( 61 min )

These companies have more growth potential and are trading at better values than Apple.  ( 62 min )

“I have $1.5 million in retirement accounts, but just $160,000 in savings. I currently pay $4,000 in rent.”  ( 62 min )

The news likely didn't come as a big surprise to investors.  ( 61 min )

If you're on the hunt for high yields, then you'll want to dig into the midstream sector, and these two industry giants are the ones to pick.  ( 62 min )

Tesla may not be up much this year, but the company's valuation is trading exceptionally high compared to what it is expected to earn — compared to both its EV and "Magnificent" peers.  ( 61 min )

The memory specialist's stock price has been heading south of late.  ( 62 min )

History isn't necessarily a great guide for investors with Broadcom's recent stock split.  ( 62 min )

The "Oracle of Omaha" doesn't mind going against the grain.  ( 61 min )

These drugmakers may not be in perfect health right now, but that shouldn't last much longer.  ( 56 min )

There's a hidden danger in claiming benefits early.  ( 62 min )

The dividend yields on these stocks will likely grow even more attractive during a market correction.  ( 62 min )

At least six companies in Berkshire Hathaway's portfolio are now benefiting from artificial intelligence (AI).  ( 64 min )

Although nobody's ever gone broke taking a profit, hindsight doesn't always paint the prettiest picture on Wall Street.  ( 57 min )

Intel and Paycom are both going through painful transitions that should pay off in the long run.  ( 26 min )

Should investors consider booking profits following this recent analyst action?  ( 62 min )

Financial institutions snapping up Chinese government bonds are basically shorting the Chinese economy, China's central bank-backed Financial News reported on Saturday, citing what it said were the views of industry sources and experts. The report is the latest warning to the country's bond market after the People's Bank of China (PBOC) sounded concerns and introduced plans to sell treasury bonds to cool a bond rally.  ( 60 min )

Companies that perform stock splits are usually firing on all cylinders.  ( 63 min )

There's more to making your money last in retirement than pre-established withdrawal amounts.  ( 63 min )

You can bank these 6% to 8% dividend yields and sleep well at night.  ( 27 min )

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Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam's richest man Pham Nhat Vuong in 2017 and which turned to making fully electric vehicles in 2022, said it would now deliver 80,000 vehicles this year, down from the initially planned 100,000. In total, VinFast sold 21,747 units in the first half of 2024, an increase of 92% against the same period last year, but around one-fourth of the new yearly forecast.  ( 61 min )

(Bloomberg) -- The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Most Read from BloombergMusk Donates to Trump, Tapping Fortune to Swing 2024 RaceGiuliani’s Bankruptcy Dismissed With $150 Million Still OwedBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to Campaig  ( 62 min )

Costco has announced plans to raise its membership prices for the first time in seven years. Here's how they stack up against Sam's Club and BJ's.  ( 1 min )

Costco has announced plans to raise its membership prices for the first time in seven years. Here's how they stack up against Sam's Club and BJ's.  ( 21 min )

Homebuyers shouldn’t expect conditions to improve too much in the second half of 2024, with mortgage rates expected to remain elevated and supplies tight.  ( 21 min )

Op Schiphol is zaterdag sprake van "piekdrukte", doordat nu ook in het midden van het land de zomervakantie is begonnen. Een woordvoerder zegt tegen persbureau ANP dat het een van de drukste dagen van de zomerperiode is.  ( 1 min )

Op de wegen richting het zuiden van Europa is zaterdag al veel vakantiedrukte nu ook in het midden van het land de zomervakantie is begonnen. Ook op Schiphol is zaterdag sprake van "piekdrukte".  ( 1 min )

Op Schiphol is zaterdag sprake van "piekdrukte", omdat de zomervakantie nu ook voor het midden van het land is begonnen. Een woordvoerder zegt tegen ANP dat het een van de drukste dagen van de zomerperiode is.  ( 1 min )

Het aantal geregistreerde sekswerkers in Duitsland neemt toe, maar blijft onder het niveau van voor de coronapandemie. Dat blijkt uit cijfers die het Duitse statistiekbureau vrijdag heeft vrijgegeven.  ( 1 min )

Scholen hebben veel moeite om genoeg docenten voor het komende schooljaar te vinden. Er staan ruim 3.200 vacatures open in het onderwijs.  ( 1 min )

Benzinepompen en tabakswinkels worden platgelopen nu supermarkten sinds begin deze maand geen sigaretten meer verkopen. Dat levert in sommige gevallen meer omzet op. Al is dat wel lokaal bepaald, blijkt uit een rondgang van NU.nl.  ( 1 min )

Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy. Owning massive tech and growth companies such as Nvidia, Microsoft and Amazon has been a hugely profitable strategy for investors since early 2023, even as the stocks' market dominance has drawn comparisons to the dot-com bubble of the late 1990s. That calculus may start to change following Thursday's surprisingly cool inflation report, which solidified expectations for a near-term rate cut by the Federal Reserve.  ( 62 min )

After explosive bullish momentum this week, SoundHound AI stock is now up 192% this year.  ( 61 min )

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A U.S. trade regulator on Friday announced a suite of actions taking aim at "unfair and deceptive practices" it said are illegally imposed on U.S. franchisees by their brand owners, such as requiring new fees not outlined in franchise contracts, or using contract provisions to discourage franchisees from speaking with regulators. The U.S. Federal Trade Commission's declaration that these practices are illegal did not name any specific companies as being in violation of the law, but in doing so it took a stance on issues that have inflamed tensions in recent years between companies and operators at major brands like McDonald's and Subway. "Franchising is a chance for Americans to build a business," said FTC Chair Lina Khan in a statement.  ( 61 min )

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Excitement about unfolding AI opportunities helped power another round of gains for Arm stock.  ( 60 min )

Billionaire investor Mario Gabelli's investment firm is seeking more details about the valuation of National Amusements assets, the investor told Reuters on Friday, signaling the firm may challenge a landmark entertainment industry deal inked this week. Skydance Media and Paramount Global agreed on Sunday to merge, in a deal that would entail Skydance acquiring the Redstone family's holding company, National Amusements, which owns a controlling stake in Paramount. Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal, according to another source at Gabelli.  ( 61 min )

What's bad for inflation is good for digital coins and tokens.  ( 61 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 62 min )

(Bloomberg) -- AT&T Inc. said thieves made off with a half-year’s worth of calling and text data from virtually its entire wireless user base, the widest-ranging breach yet in a campaign that’s ensnared as many as 165 customers of software seller Snowflake Inc.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignAT&T Data Hack Prompts FCC Probe, Raises Broad Security ConcernsJPMorgan Notches Record  ( 61 min )

(Bloomberg) -- The world’s biggest bond market is reaching a turning point, with US Treasuries wiping out their 2024 losses as traders start to embrace the idea of three interest-rate cuts this year. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJPMorgan N  ( 62 min )

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$6 for a bag of chips has consumers looking elsewhere, executives said.  ( 61 min )

In a recent discussion on retirement savings with Vox, labor economist Teresa Ghilarducci laid out some stark benchmarks: by age 30, you should have saved one times your annual salary; by 40, two and a half to three times; and by 60, eight to 10 times. These numbers left many New Yorkers, like Vanessa Longshaw, a 34-year-old vice president in communications, astounded. "You can see I’m laughing because who could save that much?" she said. Don't Miss: The average American couple has saved this mu  ( 62 min )

(Bloomberg) -- A hubbub on social media over Chipotle Mexican Grill Inc.’s portion sizes has sent the burrito chain’s shares into their worst tailspin in nearly a year.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveFCC Says It’s Investigating Massive Breach of AT&T Customer D  ( 62 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 61 min )

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Thanks again to Volkswagen, Rivian's stock is soaring.  ( 61 min )

Intel has a software business now -- but its stock still costs too much.  ( 61 min )

Find the latest AbbVie Inc. (ABBV) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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The electric vehicle battery start-up hit one of its biggest milestones yet, giving its languishing stock a much-needed fillip.  ( 61 min )

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(Bloomberg) -- Citigroup Inc. is shuttering unused credit card accounts as a growing number of customers fall behind on their payments. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveJPMorgan Notches Record Profit on Visa Gain, Dealmaking JumpUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallThe bank has a  ( 61 min )

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A Wall Street revival provided a second-quarter boost to big banks at a time of rising challenges for their Main Street consumer operations.  ( 27 min )

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The late Charlie Munger, Warren Buffett's right-hand man and long-time partner at Berkshire Hathaway, left a legacy of wisdom that continues to guide investors. Although he passed away in 2023, his words from the 1999 Berkshire Hathaway annual shareholders meeting remain as relevant today as ever. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Many are surpris  ( 62 min )

Battery unit PowerCo would receive the licence to mass-produce battery cells based on QuantumScape technology  ( 60 min )

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It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In many cases, withdrawals from $1.6 million in a taxable brokerage account and $1.1 million in an IRA will total more than a typical retiree's expenses. However, much depends on the desired retirement lifestyle. Age at retirement is […] The post I’m 52 With $1.6 Million in a Taxable Brokerage Account and $1.1 Million in an IRA. Can I Retire Now? appeared first on SmartReads  ( 64 min )

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Citigroup Inc (NYSE:C) reported a second-quarter fiscal 2024 revenue growth of 4% year-over-year to $20.14 billion, beating the analyst consensus estimate of $20.07 billion. GAAP EPS of $1.52 beat the analyst consensus estimate of $1.39. Net credit losses were $2.28 billion, up 52% year-over-year. Services revenue grew 3% year-over-year to $4.7 billion, primarily reflecting strength in Securities Services and the impact of continued underlying momentum in Treasury and Trade Solutions. Markets re  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 65 min )

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If you think you’ve mastered financial basics, you’re either overconfident or in the minority. A new report from the Global Financial Literacy Excellence Center shows that the average American scored just 48% on a financial literacy test, with groups scoring as low as 37% in certain areas. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? How do billionaires pay less in income tax than you? Tax deferring is their number one strategy. Since the  ( 61 min )

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Jim Keller, a well-known engineer who’s worked at AMD and Tesla and now leads the AI company Tenstorrent, recently said something interesting on the DemystifySci podcast. He thinks Nvidia is becoming like IBM back in the day but in the AI world. While this shows how powerful Nvidia is right now in AI hardware, it also raises some concerns. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Mark Cuban bel  ( 62 min )

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.  ( 61 min )

U.S. producer prices increased moderately in June, further confirmation that inflation had resumed its downward trend and strengthening the case for a September interest rate cut. The producer price index for final demand rose 0.2% last month after being unchanged in May, the Labor Department's Bureau of Labor Statistics said on Friday. The government reported on Thursday that consumer prices fell for the first time in four years in June amid cheaper gasoline and a broad deceleration in the costs of goods and services, including rents.  ( 60 min )

Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high. The Labor Department said Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2% from May to June after being unchanged the month before. Excluding food and energy prices, which tend to bounce around from month to month, so-called core wholesale prices were up 0.4% from May and 3% from June 2023.  ( 61 min )

Bank of America Corporation (NYSE:BAC) will release its second-quarter financial results, before the opening bell on Tuesday, July 16. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 80 cents per share, down from 88 cents per share in the year-ago period. Bank of America is expected to post revenue of $25.22 billion, according to data from Benzinga Pro. On July 9, Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target  ( 61 min )

Why have so many super-rich investors been taking profits in Meta Platforms?  ( 62 min )

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Citigroup's profit rose in the second quarter, boosted by a 60% jump in investment banking revenue and gains in its services division. The results come two days after U.S. regulators fined Citi $136 million for making "insufficient progress" in fixing data management problems identified in 2020. Citi had already booked the penalties and additional investments on the data work in the second quarter.  ( 61 min )

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Alibaba Group Holding Limited (NYSE:BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports, potentially escalating trade tensions. Exports reached $308 billion, marking the third consecutive month of growth and the highest level in nearly two years, while imports fell to $209 billion, resulting in a $99 billion surplus, Bloomberg reports. Also Read: Alibaba and ByteDance Dominate China’s Growing Gen  ( 60 min )

Wells Fargo & Company (NYSE:WFC) earned a net income of $4.91 billion, down 1% year over year in the second quarter of 2024. The company reported a GAAP EPS of $1.33, beating the consensus of $1.29. Revenue rose 1% to $20.69 billion. Analysts expected $20.29 billion. The U.S. banking giant reported a 9% year-over-year drop in net interest income to $11.9 billion due to the impact of higher interest rates on funding costs, including the impact of lower deposit balances and customer migration to h  ( 61 min )

The warehouse club operator could've gone higher with its hike now, but it didn't so its stock price could move higher later.  ( 62 min )

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Profits at JPMorgan Chase surged in the second quarter due partly to an one-time accounting boost, but another drop in a key revenue source demonstrated the challenges facing even the biggest US bank.  ( 61 min )

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Find the latest Xylem Inc. (XYL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Lenders are now facing the fallout of higher-for-longer interest rates as more borrowers balk at taking out new loans at high costs. Wells Fargo's net interest income (NII) -- or the difference between what it earns on loans and pays out for deposits -- slid 9% to $11.92 billion in the second quarter. Meanwhile, banks are also bracing for looming interest rate cuts by the Federal Reserve following an aggressive monetary policy launched in early 2022.  ( 60 min )

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Find the latest Argan, Inc. (AGX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 61 min )

Investors are bracing for Wall Street banks to kick off earnings season as they debate how deep the Fed could cut rates.  ( 26 min )

JPMorgan Chase's profit rose in the second quarter, buoyed by rising investment banking fees and an $8 billion accounting gain from a share exchange deal with Visa. The largest U.S. bank's profit was $18.15 billion, or $6.12 per share, for the three months ended June 30, compared with $14.47 billion, or $4.75 per share, a year earlier, it said on Friday.  ( 59 min )

Nvidia has been one of the best stocks to own over the past two years.  ( 62 min )

(Bloomberg) -- At a time of hyper-polarized politics, even the wonky mechanics of US bond auctions are fair game — and that’s making Treasury Secretary Janet Yellen a new favorite target of some Trump-leaning Republicans. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer  ( 64 min )

It was a buy even before this development.  ( 62 min )

(Bloomberg) -- It’s been about 25 years since Wall Street had a serious bear hunt. And it appears another one is starting up now.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer RheinmetallJill Biden Has Some Explaining To DoEarly on Aug. 27, 1999, the finance world was  ( 63 min )

The Chinese EV maker just got hit by some high tariffs in Europe.  ( 62 min )

Are the analysts right about these Nvidia-backed AI stocks?  ( 62 min )

The master limited partnership offers a rock-solid, high-yielding income stream.  ( 61 min )

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TikTok, the global hit short video platform owned by ByteDance, is set to jump into Southeast Asia's local services sector, initially enabling users in Indonesia and Thailand to obtain vouchers for restaurants, flights and hotels via links on their feeds. Restaurants owners and merchants in those two countries are being encouraged to join the social media platform's "TikTok Local Services", according to a report on Friday by Chinese media outlet 36Kr. TikTok also plans to make a foray into leisu  ( 62 min )

JPMorgan Chase, the largest U.S. lender, is expected to report a decline in quarterly profit, with analysts expecting large lenders to set aside more money to cover deteriorating loans. Shares of both JPMorgan and Citigroup were marginally down ahead of results. As the S&P 500 and Nasdaq scale new peaks, investors are hoping for strong profit growth from companies beyond the heavyweight tech names such as Nvidia so that the U.S. stocks rally can broaden out.  ( 25 min )

Has Carnival stock risen too high, too fast?  ( 62 min )

Networking solutions specialist Broadcom is set to complete is first-ever split and join an exclusive club of stock-split stocks in 2024.  ( 63 min )

Exchange-traded funds can eliminate the need for investors to pick winners and losers in fast-moving industries like artificial intelligence (AI).  ( 63 min )

(Bloomberg) -- Tesla Inc.’s stock is downgraded by UBS Group AG, on concerns that the US electric carmaker’s shares have risen “too much, too soon” on optimism over its artificial intelligence plans. Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapJill Biden Has Some Explai  ( 61 min )

Will the AI chipmaker or the big data company perform better moving forward?  ( 62 min )

Broadcom and its investors are benefiting from the AI boom.  ( 62 min )

The "Oracle of Omaha" has nearly $189 billion of Berkshire Hathaway's invested assets riding on four top-notch artificial intelligence (AI) stocks.  ( 23 min )

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China’s exports beat forecasts in June, customs data showed Friday, while imports grew less than expected. Exports grew 8.6% from the same time last year to hit $307.8 billion, according to data released by Chinese customs, beating estimates of about 7.4% to 8% growth. China’s strong exports for June led to its trade surplus widening to $99 billion, up from $82.6 billion in May.  ( 26 min )

(Bloomberg) -- Asian technology stocks slumped Friday, echoing declines on Wall Street as slowing US inflation sparked a rotation out of Big Tech. The yen was volatile.Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapSaudis Warned G-7 Over Russia Seizures With Debt Sale Thre  ( 62 min )

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Bitcoin could not topple a key resistance on Thursday despite positive U.S. inflation report.  ( 60 min )

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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s $420 billion rally this year may get supercharged by another strong quarterly earnings, as an artificial intelligence investment boom keeps beating expectations. Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatSaudi Prince’s Tr  ( 62 min )

Investors looking for less volatile stocks associated with companies having a proven track record can consider investing in large-cap stocks. These stocks of well-established companies have a market capitalization between $10 billion to $200 billion. Using TipRanks’ Stock Comparison Tool, we placed Starbucks (NASDAQ:SBUX), Disney (NYSE:DIS), and Energy Transfer (NYSE:ET) against each other to find the large-cap stock that could generate the most attractive returns, according to Wall Street analy  ( 63 min )

The S&P 500 added 0.6% on Friday, July 12, 2024, as the tech sector rebounded and earnings season kicked into gear with reports from numerous banking giants.  ( 21 min )

Income statements reflected economic concerns, interest-rate hurdles  ( 19 min )

Elections, rate-cut uncertainty could hold back IPOs in the second half  ( 18 min )

Despite their dour take on current prices, consumers' expectations for future inflation have softened.  ( 21 min )

The sales event, which runs July 16-17, could be Amazon's biggest ever  ( 18 min )

Various reports said StubHub has put off its planned initial public offering until after the summer because of poor market conditions.  ( 20 min )

Bank of New York Mellon posted better-than-expected quarterly earnings and boosted its dividend, sending its stock soaring to a record high.  ( 18 min )

Bitcoin has been experiencing a slow decline over the past month, but JPMorgan says that trend will reverse in August.  ( 22 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 20 min )

The Producer Price Index showed wholesale prices moved up 0.2% in June, higher than economists were expecting, damping some enthusiasm that recent lower inflation readings would prompt the Federal Reserve to cut interest rates.  ( 21 min )

The S&P 500 and Nasdaq bounced back at midday after yesterday's selloff as tech stocks rallied.  ( 20 min )

Unilever is in discussions with employees about layoffs, with a report that a third of its European office staff will be cut.  ( 20 min )

Novo Nordisk rose Friday after the release of an Oxford study that showed the Danish company’s diabetes drug Ozempic was linked to lower rates of dementia and a range of mental problems.  ( 20 min )

ConocoPhillips’ planned $22.5 billion acquisition of Marathon Oil (MRO) has again drawn questions from the Federal Trade Commission.  ( 19 min )

JPMorgan Chase reported second-quarter results that surpassed analysts' expectations, thanks to a surge in investment banking revenue on higher fees and a boost from an exchange of the company's Visa shares.  ( 20 min )

Ericsson reported better-than-expected revenue on a big jump in North American sales.  ( 18 min )

Fastenal's revenue got a lift even as the distributor of fasteners and other commercial products' CEO said market activity was "challenging.  ( 20 min )

Wells Fargo shares dropped Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.  ( 20 min )

AT&T said Friday that call and text records from “nearly all” its cellular customers were compromised in a massive data breach in April, sending shares lower.  ( 17 min )

Shares of Citigroup advanced after the bank's second-quarter earnings beat analysts' estimates. Profit jumped 10% year-over-year and revenue increased 4%, while operating expenses fell 2%.  ( 17 min )

European regulators said Friday that Elon Musk's X, formerly Twitter, violates a new tech law by deceiving users with its blue check program, and failing to be transparent about its advertising services.  ( 18 min )

News of the day for July 12, 2024  ( 23 min )

Shares Suffered Largest One-Day Percentage Decline Since March on Thursday  ( 21 min )

The Small Cap Index Gained 3.6% on Thursday as S&P 500 and Nasdaq Composite Tumbled  ( 20 min )

The S&P 500 added 0.6% on Friday, July 12, 2024, as the tech sector rebounded and earnings season kicked into gear with reports from numerous banking giants.  ( 1 min )

The market for IPOs could be influenced by factors including elections in the U.S. and other countries, potential interest rate cuts and geopolitical tensions.  ( 1 min )

Shares of electric vehicle (EV) makers rallied in intraday trading Friday after analysts at Mizuho issued price target bumps for Tesla and Rivian. Lucid shares also surged.  ( 1 min )

Stocks futures tied to major U.S. indexes little changed Friday as investors digested earnings reports from big banks and another key inflation indicator that the Federal Reserve will be watching closely as it weighs when to start cutting interest rates.  ( 1 min )

Bank of New York Mellon posted better-than-expected quarterly earnings and boosted its dividend, sending its stock soaring to a record high.  ( 1 min )

The S&P 500 and Nasdaq bounced back at midday after yesterday's selloff as tech stocks rallied.  ( 1 min )

The market for IPOs could be influenced by factors including elections in the U.S. and other countries, potential interest rate cuts and geopolitical tensions.  ( 1 min )

Amazon's Prime Day kicks off Tuesday, with estimates suggesting this year's two-day sales event could be Amazon's biggest ever.  ( 1 min )

Various reports said StubHub has put off its planned initial public offering until after the summer because of poor market conditions.  ( 1 min )

Novo Nordisk rose Friday after the release of an Oxford study that showed the Danish company’s diabetes drug Ozempic was linked to lower rates of dementia and a range of mental problems.  ( 1 min )

ConocoPhillips’ planned $22.5 billion acquisition of Marathon Oil (MRO) has again drawn questions from the Federal Trade Commission.  ( 1 min )

Fastenal's revenue got a lift even as the distributor of fasteners and other commercial products' CEO said market activity was "challenging.  ( 1 min )

Wells Fargo shares dropped Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.  ( 1 min )

Shares of Citigroup advanced after the bank's second-quarter earnings beat analysts' estimates. Profit jumped 10% year-over-year and revenue increased 4%, while operating expenses fell 2%.  ( 1 min )

Quarterly earnings for large U.S. banks released Friday disclosed ongoing challenges from high interest rates and concerns about a cooling economy.  ( 1 min )

Unilever is in discussions with employees about layoffs, with a report that a third of its European office staff will be cut.  ( 1 min )

JPMorgan Chase reported second-quarter results that surpassed analysts' expectations, thanks to a surge in investment banking revenue on higher fees and a boost from an exchange of the company's Visa shares.  ( 1 min )

Ericsson reported better-than-expected revenue on a big jump in North American sales.  ( 1 min )

European regulators said Friday that Elon Musk's X, formerly Twitter, violates a new tech law by deceiving users with its blue check program, and failing to be transparent about its advertising services.  ( 1 min )

Vattenfall stopt met de aanleg van grote nieuwe warmtenetten voor bestaande bouw. De energiemaatschappij vreest dat de kosten daarvan zo hoog worden dat het onmogelijk is betaalbare tarieven te rekenen, zonder daar zelf verliezen op te lijden.  ( 1 min )

Carver, de Friese ontwikkelaar van elektrische driewielers, vraagt faillissement aan. Het bestuur van het bedrijf zegt dat "kwaliteitsproblemen en problemen in de toeleveringsketen" voor hoge kosten zorgden, terwijl de productie en verkoop van de voertuigen stagneerden.  ( 1 min )

Middelbare scholieren zijn onderling socialer en volgen lessen met meer focus sinds telefoons niet meer welkom zijn in de klas. Dat zeggen leraren en schoolleiders van bijna zeshonderd Nederlandse middelbare scholen.  ( 1 min )

Middelbare scholieren zijn onderling socialer en volgen lessen met meer focus sinds telefoons niet meer welkom zijn in de klas. Dat zeggen leraren en schoolleiders van bijna zeshonderd Nederlandse middelbare scholen.  ( 1 min )

Unilever wil een derde van al zijn kantoorfuncties in Europa schrappen. Dat bevestigt het bedrijf na berichtgeving door de Britse zakenkrant Financial Times. Tegen het einde van 2025 moeten er tussen de 3.000 en 3.200 banen verdwijnen.  ( 1 min )

Na een tocht van twaalf uur hebben twee studenten van de TU Delft donderdagavond laat met een zelfgebouwde waterstofboot Engeland bereikt. Het oversteken van de Noordzee was succesvol, maar ook spannend. Kort na het vertrek ging het "flink mis".  ( 1 min )

Het socialemediabedrijf X van Elon Musk misleidt zijn gebruikers, concludeert de Europese Commissie na onderzoek. Het gaat om de blauwe vinkjes. Voorheen gaf zo'n vinkje aan dat een bekend account was geverifieerd, maar inmiddels kan iedereen er een kopen.  ( 1 min )

De Inspectie Leefomgeving en Transport scherpt haar eisen aan omdat er nog te weinig plastic flesjes worden ingezameld. Dwangsommen moeten ervoor zorgen dat er voor 2027 5.400 extra inleverpunten komen. Die moeten dan ook beschadigde flesjes accepteren.  ( 1 min )

De overheid had Schiphol niet zomaar mogen opleggen het aantal vluchten per jaar te verlagen van 500.000 naar 460.000 om geluidshinder voor omwonenden te verminderen. Daarvoor was echt afstemming en overleg met luchtvaartmaatschappijen nodig geweest, oordeelt de Hoge Raad.  ( 1 min )

Hoewel er vorig jaar 88.200 woningen werden bijgebouwd, is het woningtekort alsnog toegenomen. Er zijn op dit moment 400.500 woningen te weinig. Dat zijn er 10.300 meer dan vorig jaar.  ( 1 min )

In de eerste helft van het jaar zijn 2.295 bedrijven in Nederland failliet gegaan. Dat zijn er 40 procent meer dan in dezelfde periode vorig jaar. Vooral in de bouw en de horeca vielen veel ondernemingen om.  ( 1 min )

In de eerste helft van het jaar gingen 2.295 bedrijven in Nederland failliet. Dat zijn er 40 procent meer dan in dezelfde periode vorig jaar. Vooral in de bouw en de horeca gaan veel ondernemingen failliet.  ( 1 min )

Op 1 mei, de deadline van de belastingaangifte, hadden bijna 232.000 mensen geen aangifte gedaan terwijl ze dit wel moesten. De Belastingdienst probeert ze met telefoontjes en sms'jes alsnog zover te krijgen. En vaak werkt dat. Mensen die vaker verzuimen krijgen een kaartje.  ( 1 min )

Op 1 mei, de deadline van de belastingaangifte, hadden bijna 232.000 mensen geen aangifte gedaan terwijl ze dit wel moesten. De Belastingdienst probeert ze met telefoontjes en sms'jes alsnog zover te krijgen. En vaak werkt dat. Mensen die vaker verzuimen krijgen een kaartje.  ( 1 min )

Gas prices can take the credit for causing an unexpected drop in consumer prices in June. But that may not be the case this month.  ( 17 min )

It may not feel like it, but on average, Americans’ paychecks are going further these days than they did before the pandemic.  ( 18 min )

Consumer prices fell last month for the first time since 2022, and that could facilitate a shift in the Federal Reserve's high interest rate policy designed to combat inflation.  ( 21 min )

After Costco said it would raise membership fees for the first time in seven years, several analysts raised their price targets for Costco stock, anticipating the higher fees could boost Costco's bottom line.  ( 20 min )

The S&P 500 fell 0.9% on Thursday, July 11, 2024, retreating from a record high as tech stocks came under pressure following the latest inflation data.  ( 21 min )

A British regulator warned Amazon it could be investigated over the way it deals with its suppliers.  ( 20 min )

Homebuilder stocks jumped after a cooler-than-expected inflation report for June raised investor hopes of a rate cut by the U.S. Federal Reserve.  ( 20 min )

Tesla shares tumbled in intraday trading Thursday following a report that the unveiling of the electric vehicle (EV) maker's self-driving robotaxi has been delayed.  ( 20 min )

Tech stocks lost ground Thursday as investors rotated into small caps, amid hopes they could get a big boost from Federal Reserve rate cuts.  ( 20 min )

Investors will watch closely for clues to the health of the consumer as the second-quarter earnings season picks up steam. Bank earnings, starting Friday, will offer more financial context.  ( 20 min )

U.S. equities were mixed at midday as falling tech stocks put the brakes on the record-setting rally for the S&P 500 and Nasdaq.  ( 20 min )

Bitcoin prices surged briefly after cooler-than-expected June inflation data but failed to break the $60K mark.  ( 22 min )

Pfizer said it would be moving forward with studies of a once-a-day oral weight-loss pill after testing its modified release formulation.  ( 18 min )

Shares of QuantumScape Corporation jumped in intraday trading Thursday after the electric vehicle (EV) battery producer reached a licensing deal with Volkswagen Group’s battery company PowerCo.  ( 20 min )

The Federal Reserve has turned its attention to the labor market in recent weeks as it has shown signs of softening.  ( 20 min )

Conagra Brands gave a disappointing fiscal 2025 outlook as it faced a tough consumer environment.  ( 20 min )

SoundHound AI's voice artificial intelligence (AI) technology is being added to more Stellantis-owned vehicle brands in Europe.  ( 17 min )

MicroStrategy, one of the world's largest holders of bitcoin, said Thursday it is planning a 10-for-1 stock split, making it the latest company to announce a split.  ( 20 min )

Analysts expect few surprises from the big banks this earnings season, though the outlook is shifting as the expectation of interest-rate cuts intensifies.  ( 23 min )

Automakers General Motors and Stellantis are getting almost $1.1 billion in grants to convert “at-risk” plants into electric vehicle (EV)-related production facilities, the U.S. Department of Energy said Thursday.  ( 20 min )

PepsiCo shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and cut its full-year organic growth outlook.  ( 20 min )

A Bank of America survey indicated that 46% of of Gen Z adults reported getting financial assistance from their parents or family to fund expenses like food, rent and phone plans.  ( 17 min )

Delta and several other airline stocks fell Thursday after the carrier's second-quarter profit came in well below what analysts had expected despite strong demand for air travel.  ( 20 min )

Consumer prices unexpectedly fell in June, giving some relief to household budgets and possibly confidence to Federal Reserve policymakers that their fight against inflation is working.  ( 21 min )

Apple has settled its "tap and go" payments probe with the European Commission, the European Union's enforcement arm, opening its mobile wallet to rivals for free to avoid antitrust fines.  ( 20 min )

The International Energy Agency said Thursday that it was lowering its 2025 oil demand projection after shrinking consumption in China led to the slowest quarter of growth since the end of 2022.  ( 20 min )

News of the day for July 11, 2024  ( 22 min )

Shares Have Gained 35% in 2024  ( 20 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 21 min )

One product investors were very excited about might be delayed.  ( 60 min )

Few investors have more market experience than Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett, who's seen his fair share of over-extended bull markets. After the Dot-Com Bubble crash in 2000, Buffett noted that comparing the market capitalization of stocks to Gross Domestic Product (GDP) is the best indicator of whether equities are overvalued or undervalued at current prices. Read Next: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How  ( 61 min )

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Former CEO Craig Jelinek and ex-CFO Richard Galanti had previously held off on raising fees as customers dealt with high inflation.  ( 61 min )

“Is the market down? Or is this the most extreme rotation that we've ever seen out of everything that people have been hiding in?” Bancreek Capital Advisors’s Eric Pachman asked.  ( 63 min )

There's a common belief that wealthy Americans were heavily taxed in the 1950s, with a top income tax rate of 91%. But was this the case? Let’s breakdown what was happening with taxes back then. The top federal income tax rate was 91% for much of the 1950s. However, this figure is a bit misleading regarding what the wealthy paid. The Tax Foundation explains that the 91% tax rate is only applied to incomes over $200,000, about $2 million in today's dollars. Don't Miss: Are you rich? Here’s what A  ( 62 min )

Successful investors are also successful bargain hunters; buying low and selling high might be cliché, but it’s also a sure way to build up a profitable stock portfolio. The only trick to it is recognizing which low-priced stocks are the right ones to buy. It’s a trick because a stock may be down due to a whole range of circumstances, sometimes due to not quite meeting Street expectations and sometimes just due to shifting market dynamics, amongst other factors. The key, of course, lies in findi  ( 63 min )

Many Americans are increasingly concerned about the retirement crisis threatening their savings and planning. However, 44% of Americans, referred to as "super savers," are on the right path toward a successful retirement. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Recent research from the Transamerica Institute shows super savers contribute more than 10% o  ( 62 min )

A lower-than-expected inflation report for June caused wild market reactions, leading to a surge in traders’ expectations of Federal Reserve rate cuts and boosting assets that are particularly sensitive to high interest rates. As the annual inflation rate slowed from 3.3% to 3%, below the predicted 3.1%, and the monthly reading indicated the first contraction (-0.1%) in four years, traders swiftly increased their odds of a September rate cut, now placing a 92% chance. Surprisingly, large-cap ind  ( 61 min )

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EV battery maker QuantumScape inks a big new deal with a global automaker.  ( 60 min )

A debate over retirement withdrawal strategies has erupted, with financial experts Dave Ramsey and Suze Orman at the center. This topic was recently posted on the Power of Zero YouTube channel, where differing opinions have sparked a broader discussion among financial advisors and retirees. Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? How much money will a $200,000 annuity pay out each month? The numbers may shock you. The controvers  ( 62 min )

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Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year.  ( 61 min )

Mark Cuban is no stranger to making headlines for his business ventures. However, one story that stands out is how the NBA fined him a whopping $100,000 for his unconventional leadership style. Shortly after selling his company Broadcast.com to Yahoo in 1999 and becoming a billionaire, Cuban bought the Dallas Mavericks for $285 million. As CNBC reports, full of energy and enthusiasm, he wanted to dive right into his dream job. Don't Miss: Amid the ongoing EV revolution, previously overlooked low  ( 62 min )

Find the latest Paramount Global (PARA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

The IRS says it reached an important ‘milestone’ in tax enforcement thanks to a bigger budget and more staff  ( 62 min )

The first 401(k) generation feels like they are lagging behind.  ( 60 min )

(Bloomberg) -- Tesla Inc. is delaying its planned robotaxi unveiling to October, from August, to allow teams working on the project more time to build additional vehicle prototypes, according to people familiar with the decision.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO  ( 60 min )

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Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 77 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 70 min )

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Filing with SEC shows the dire state of affairs at the discount chain.  ( 60 min )

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(Bloomberg) -- Anthony Scaramucci effectively barred clients from exiting SkyBridge Capital’s crypto-focused hedge fund, even though returns have jumped.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia in UkraineInvestors who own a  ( 26 min )

(Bloomberg) -- MicroStrategy Inc., the largest publicly-traded corporate holder of Bitcoin, said it will conduct a 10-for-1 stock split to make the shares more accessible to investors and employees. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Su  ( 60 min )

I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 63 min )

In a lively segment of the Ramsey Show, 21-year-old caller Matt sparked a spirited debate on the merits of index funds versus mutual funds. Matt, who has been investing since he was 15, called in to ask why the show’s hosts, known for their financial advice, prefer mutual funds over index funds. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg? – How does it c  ( 62 min )

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While their turnarounds may take time, these stocks are available at what could prove to be once-in-a-decade valuations.  ( 63 min )

The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.  ( 60 min )

June's CPI showed inflation is cooling, raising investor hopes for Fed rate cuts  ( 20 min )

If you’re 60 years old with $1.2 million saved for retirement in a traditional IRA, you may be starting to think about required minimum distributions (RMDs) and the hefty annual tax bill they can create once you turn 73. Converting a portion of your IRA to a Roth IRA each year can help you reduce […] The post I'm 60 With $1.2 Million in an IRA. Should I Convert $120,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.  ( 64 min )

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Markets are rising, and investors are looking to maximize their returns. While growth stocks are a natural choice in this environment, we should not ignore the dividend stocks. These shares, with their combination of natural price appreciation and dividend payouts, offer investors a sound choice for solid returns. Dividend investing is usually seen as a defensive play, but it makes a sound choice in good times, too, as part of a balanced portfolio. The dividend payments ensure a steady income st  ( 63 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 66 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 65 min )

These two stocks could have vastly different long-term performances.  ( 62 min )

U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal Reserve another step closer to cutting interest rates. The consumer price index dipped 0.1% last month after being unchanged in May, the Labor Department's Bureau of Labor Statistics said on Thursday. It was the second straight month of tame CPI readings, and could help to bolster confidence among officials at the U.S. central bank that inflation was cooling.  ( 60 min )

Analysts have said MicroStrategy's purchase of bitcoin to protect the value of its reserve assets has helped strengthen the appeal of the firm's stock, which tends to move in tandem with the digital asset. MicroStrategy began buying and holding bitcoin in 2020 as revenue from its software business eased, and it is now the largest corporate holder of the cryptocurrency.  ( 60 min )

On Thursday, Volkswagen Group’s battery company PowerCo and QuantumScape Corp (NASDAQ:QS) have agreed to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology. QuantumScape stock gained after the deal announcement. QuantumScape will grant PowerCo the license to mass-produce battery cells based on QuantumScape’s technology platform upon satisfactory technical progress and certain royalty payments. Under the non-exclusive license, PowerCo can manufacture up to 4  ( 60 min )

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For a start-up EV maker like Rivian, it's huge that its debut model keeps winning plaudits from critics and consumers alike.  ( 62 min )

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(Bloomberg) -- PepsiCo Inc. reported weaker-than-expected revenue growth as its snack-food business was hurt by increasingly budget-focused shoppers and a recent Quaker Foods recall.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia in UkraineModi’s Embrace of Putin Irks Biden Team Pushing Suppor  ( 61 min )

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Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 64 min )

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Volkswagen will massively ramp up production of solid-state batteries developed with U.S. startup QuantumScape, both companies said on Thursday, as the German carmaker aims to bring the technology into more vehicles. Under an agreement announced on Thursday, Volkswagen's battery unit PowerCo will receive the licence to mass-produce battery cells based on QuantumScape technology, pending technological progress and certain royalty payments, they said.  ( 60 min )

Alphabet has been a strong performer so far in 2024, but it could lead in the second half.  ( 62 min )

Find the latest Seagate Technology Holdings PLC (STX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Silk Road Medical, Inc. (SILK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 49 min )

A higher pace of travel pushed Delta to record Q2 revenue, but declining airline fares are contributing to the industry's decelerating profit growth.  ( 62 min )

Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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The S&P 500 notched its sixth consecutive record close and the Nasdaq its seventh on Wednesday, boosted by gains in the most heavily weighted stocks as well as shares of semiconductor companies. Wednesday's rally came as Federal Reserve Chairman Jerome Powell lifted expectations for the central bank to ease policy in September, as markets currently expect.  ( 60 min )

Stocks with big run-ups behind them can still be smart buys.  ( 62 min )

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip. The Purchase, New York-based company said its net income rose 12% to $3 billion, or an adjusted $2.28 per share, for the April-June period. PepsiCo said its revenue grew less than 1% to $22.5 billion.  ( 60 min )

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Over the past 10 years, these stocks have averaged second-half returns of more than 28%.  ( 62 min )

Nvidia and Palantir are expected to more than double by 2030.  ( 28 min )

The tech company's massive potential to grow its private-sector business has driven sizzling share price gains.  ( 62 min )

The S&P 500 is a group of businesses that are bound to perform well over time, according to Warren Buffett.  ( 62 min )

The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration's signature climate, health care, and tax package signed into law in 2022. Part of the push for public awareness of high-wealth tax collections is a growing recognition by agency officials that a potential Republican takeover of the White House and Congress could mean massive future budget cuts for the IRS. As part of that effort, last year the IRS launched a series of initiatives aimed at pursuing high-wealth individuals who have failed to pay their tax debts.  ( 61 min )

Gen X relied on 401(k)s for retirement savings, They should consider converting some of that to Roth IRAs, experts say.  ( 62 min )

A pair of Wall Street analysts expect two top-notch artificial intelligence (AI) stocks to climb by 102% and 116% over the next 12 months.  ( 29 min )

Among the Dow Jones Industrial Average's 30 time-tested components, there are three that stand out as phenomenal buys right now.  ( 64 min )

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Chipmaker Broadcom will become Wall Street's newest stock-split stock on Friday, July 12.  ( 62 min )

It's easy to overlook the benefits of dividend stocks when the S&P 500 is soaring to new heights.  ( 64 min )

If these analysts are correct, shares of Palantir and Arm are headed for sharp declines.  ( 28 min )

(Bloomberg) -- Asian equities advanced after a rally in the world’s largest tech stocks lifted global shares to new highs ahead of US inflation data due later Thursday.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowDistressed Property Buyers Seek Out ‘Exceptional Bargains’S&P 500 Tops 5,600 Mark in Longest Rally This Year: Markets WrapEquitie  ( 62 min )

Taiwan Semiconductor Manufacturing Company (NYSE:TSM), or TSMC, is one of the best-rated mega-cap stocks by analysts on TipRanks. It’s rated a Strong Buy, with 10 Buy ratings and no Sell or Hold ratings. However, the stock has surged since I last covered it on April 29, and despite several positive catalysts, I’m only somewhat bullish on TSM, with the valuation becoming increasingly stretched. Therefore, it may not be the best opportunity out there despite the Strong Buy consensus rating. TSMC S  ( 62 min )

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The yen has been sliding to fresh 38-year lows day by day, with market participants on alert for Japanese authorities to step in again, as they did in March, to defend the currency. Massive interest rate differentials between the U.S. and Japan have been weighing the yen down, putting monetary policy at the centre of the currency's woes. With the Federal Reserve signalling it is close to cutting rates and the Bank of Japan intent on slowly raising its rates from near zero this year, the wide 5 percentage point spread between dollar and yen interest rates should shrink eventually, helping arrest if not reverse the yen's depreciation.  ( 26 min )

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Stocks rose on Thursday, with markets from Tokyo to New York at record highs, while traders counted down to U.S. data that is expected to show inflation easing and pave the way for rate cuts in September. Gains in heavyweight technology shares sent the S&P 500 up 1% overnight to a sixth consecutive record closing high, and in Asia, Japan's Nikkei rose 1% to a record high at 42,426. MSCI's broadest index of Asia-Pacific shares outside Japan also gained 1% to a two-year high.  ( 61 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 60 min )

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The S&P 500 fell 0.9% on Thursday, July 11, 2024, retreating from a record high as tech stocks came under pressure following the latest inflation data.  ( 1 min )

Homebuilder stocks jumped after a cooler-than-expected inflation report for June raised investor hopes of a rate cut by the U.S. Federal Reserve.  ( 1 min )

Tech stocks lost ground Thursday as investors rotated into small caps, amid hopes they could get a big boost from Federal Reserve rate cuts.  ( 1 min )

U.S. equities were mixed at midday as falling tech stocks put the brakes on the record-setting rally for the S&P 500 and Nasdaq.  ( 1 min )

Shares of QuantumScape Corporation jumped in intraday trading Thursday after the electric vehicle (EV) battery producer reached a licensing deal with Volkswagen Group’s battery company PowerCo.  ( 1 min )

MicroStrategy, one of the world's largest holders of bitcoin, said Thursday it is planning a 10-for-1 stock split, making it the latest company to announce a split.  ( 1 min )

Analysts expect few surprises from the big banks this earnings season, though the outlook is shifting as the expectation of interest-rate cuts intensifies.  ( 1 min )

U.S. stock futures were slightly lower Thursday as the earnings reporting season kicked off and investors awaited a critical measure of inflation that will help determine how soon the Federal Reserve can start cutting interest rates.  ( 1 min )

The Russell 2000 jumped 3.6% on Thursday as investors rotated from mega-cap tech stocks into smaller companies that could be poised to get a bigger boost from potential Federal Reserve rate cuts. Monitor these key chart levels.  ( 1 min )

Tesla shares tumbled in intraday trading Thursday following a report that the unveiling of the electric vehicle (EV) maker's self-driving robotaxi has been delayed.  ( 1 min )

SoundHound AI's voice artificial intelligence (AI) technology is being added to more Stellantis-owned vehicle brands in Europe.  ( 1 min )

The International Energy Agency said Thursday that it was lowering its 2025 oil demand projection after shrinking consumption in China led to the slowest quarter of growth since the end of 2022.  ( 1 min )

Walmart shares climbed to a new record high on Wednesday after Jefferies analysts said that the big box retailer’s investment in AI has the potential to double its operating income by streamlining operations. Monitor these important chart levels.  ( 1 min )

Costco Wholesale gained 2.5% in extended trading Wednesday after the retailer hiked its membership fees for the first time since 2017 and posted a jump in June sales. Monitor this key chart level.  ( 1 min )

A British regulator warned Amazon it could be investigated over the way it deals with its suppliers.  ( 1 min )

Pfizer said it would be moving forward with studies of a once-a-day oral weight-loss pill after testing its modified release formulation.  ( 1 min )

Conagra Brands gave a disappointing fiscal 2025 outlook as it faced a tough consumer environment.  ( 1 min )

Automakers General Motors and Stellantis are getting almost $1.1 billion in grants to convert “at-risk” plants into electric vehicle (EV)-related production facilities, the U.S. Department of Energy said Thursday.  ( 1 min )

PepsiCo shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and cut its full-year organic growth outlook.  ( 1 min )

Apple has settled its "tap and go" payments probe with the European Commission, the European Union's enforcement arm, opening its mobile wallet to rivals for free to avoid antitrust fines.  ( 1 min )

After Costco said it would raise membership fees for the first time in seven years, several analysts raised their price targets for Costco stock, anticipating the higher fees could boost Costco's bottom line.  ( 1 min )

Delta and several other airline stocks fell Thursday after the carrier's second-quarter profit came in well below what analysts had expected despite strong demand for air travel.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

Internationale toeristen geven dit jaar meer geld uit in Europa dan voorgaande jaren, verwacht de European Travel Commission (ETC). Het gaat volgens de commissie om een recordbedrag van 800 miljard euro.  ( 1 min )

De inflatie in de Verenigde Staten kwam in juni uit op 3 procent. Het percentage dat zegt hoe hard de prijzen zijn gestegen ten opzichte van een jaar eerder, was daarmee lager dan in mei. Toen stegen de prijzen nog met 3,3 procent.  ( 1 min )

Het begrotingstekort van Frankrijk dreigt de komende jaren flink op te lopen. De overheid moet daarom de broekriem flink aanhalen, waarschuwt de president van de Franse centrale bank.  ( 1 min )

Studenten van de TU Delft zijn donderdag met een zelfgebouwde waterstofboot richting Engeland vertrokken. Als het de studenten lukt daar aan te komen, is het de eerste keer dat een boot op waterstof de Noordzee oversteekt.  ( 1 min )

Concurrenten van Apple mogen straks ook gebruikmaken van Apple Pay, de betaaldienst van het bedrijf voor contactloos betalen. De Europese Commissie heeft daarvoor wettelijk bindende afspraken gemaakt met het techbedrijf.  ( 1 min )

De bouwsector zal dit jaar voor het tweede jaar op rij krimpen, verwachten economen van ABN AMRO. De sector krimpt vooral doordat de nieuwbouw van woningen en bedrijfsgebouwen afremt.  ( 1 min )

Conservenfabrikant HAK ziet dat de vele regen dit jaar de oogst van onder meer sperziebonen, worteltjes en erwtjes bemoeilijkt. Ondanks dat HAK inzet op het bewaren van groenten in weckpotten, wordt het toch spannend of schappen leeg zullen raken.  ( 1 min )

De zon heeft zich deze zomer nog maar weinig laten zien. Jachthavens en campings doen minder goede zaken en mensen die van plan waren om in Nederland te blijven, pakken alsnog hun biezen richting zonzekere bestemmingen. Maar ook die geijkte zomerbestemmingen zijn niet zonder risico.  ( 1 min )

De zon heeft zich deze zomer nog maar weinig laten zien. Jachthavens en campings doen minder goede zaken en mensen die van plan waren om in Nederland te blijven, pakken alsnog hun biezen richting zonzekere bestemmingen. Maar ook die geijkte zomerbestemmingen zijn niet zonder risico.  ( 1 min )

Netbeheerder Liander overweegt eigenaren van thuisbatterijen een vergoeding te geven als zij helpen om lokale overbelasting van het stroomnet te bestrijden. Nu dreigen de accu's de files op het stroomnet op sommige momenten juist erger te maken.  ( 1 min )

Netbeheerder Liander overweegt eigenaren van thuisbatterijen een vergoeding te geven als zij helpen om lokale overbelasting van het stroomnet te bestrijden. Nu dreigen de accu's de files op het stroomnet op sommige momenten juist erger te maken.  ( 1 min )

With the minimum wage going up in 25 states this year, more than a third of employers surveyed said they planned to increase pay for workers, but others said they planned to tackle the requirements through different means.  ( 20 min )

Costco said it is raising its membership fees for the first time since 2017, sending the retailer's stock higher in extended trading Wednesday.  ( 20 min )

If you’re sick of high prices for the stuff you buy every day, Federal Reserve Chair Jerome Powell has some bad news for you: prices aren’t ever going down—not if he can help it.  ( 23 min )

Apple could stand to double its revenue growth by selling ads on Apple TV+, Needham analysts said, and lifted the iPhone maker’s price target Wednesday.  ( 17 min )

The government’s consumer financial watchdog agency is attempting to make it harder for a bank to take your house after you miss payments.  ( 20 min )

CarMax, Carvana shares climb; HubSpot stock retreats  ( 21 min )

Stock Has Gained 44% During Streak  ( 21 min )

HubSpot shares tumbled Wednesday after reports that Google parent Alphabet was no longer trying to buy the CRM company.  ( 20 min )

Advanced Micro Devices moved to boost its position in the artificial intelligence market by buying Silo AI, Europe's largest private AI lab.  ( 21 min )

TurboTax Owner Plans to Cut 10% of Employees  ( 21 min )

Bitcoin's price rose to more than $59,000 in the early U.S. hours Wednesday before settling back to the $57,400 level in the afternoon.  ( 23 min )

Shares of Rice Krispies and Special K maker WK Kellogg slipped Wednesday after Bank of America put a bearish rating on the cereal company’s shares.  ( 19 min )

3M Chief Financial Officer Monish Patolawala has left the company to take the same position at Archer Daniels Midland, the company announced Wednesday.  ( 20 min )

The Magnificent 7's earnings growth could slow, as the other 493 S&P 500 companies gain  ( 21 min )

Nvidia shares gained again on Wednesday, nearing a record high, as the chipmaker continues to benefit from investor enthusiasm about the company's strong position during the AI boom.  ( 21 min )

Macy's announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.  ( 20 min )

Walmart has made a number of investments in artificial intelligence and automation in recent years, and Jefferies analysts wrote Wednesday that they are starting to pay off.  ( 21 min )

The S&P 500 and Nasdaq added to their record highs in intraday trading Wednesday amid optimism about rate cuts by the Federal Reserve.  ( 20 min )

Carvana shares drove higher Wednesday after analysts at Needham upgraded its stock to "buy" from "hold" and the company unveiled new features for buying electric vehicles.  ( 20 min )

Baidu shares rose in intraday trading Wednesday amid reports of optimism about the Chinese tech firm's robotaxi.  ( 20 min )

Honeywell is buying the liquified natural gas process technology and equipment business from Air Products & Chemicals for $1.81 billion in cash.  ( 20 min )

Taiwan Semiconductor Manufacturing Company on Wednesday released sales figures for June that showed second-quarter revenue rose 40% from last year.  ( 18 min )

LegalZoom shares tanked Wednesday after the company said CEO Dan Wernikoff was departing and it reduced its full-year guidance.  ( 20 min )

Samsung Electronics workers in South Korea have extended an ongoing strike "indefinitely," according to a labor union statement Wednesday.  ( 20 min )

Microsoft has given up its non-voting board seat on OpenAI's board less than a year after taking it, while Apple has declined taking a similar role as its partnership with OpenAI grows, according to reports.  ( 21 min )

News of the day for July 10, 2024  ( 22 min )

Shares Have Surged to Three-Year High  ( 20 min )

Oracle Shares Shed 3% on Tuesday  ( 21 min )

Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on Wednesday that its fortunes will reverse when interest rates fall. The ARK Innovation ETF fund has taken investors on a rollercoaster ride in recent years. In a letter posted on ARK's website, Wood wrote she fully acknowledged "the macro environment and some stock picks have challenged our recent performance."  ( 60 min )

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(Bloomberg) -- A rally in the world’s largest technology companies sent stocks to all-time highs, with Jerome Powell’s remarks to Congress not doing much to dissuade traders from betting on Federal Reserve rate cuts this year.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerDistressed Property Buyers Seek Out ‘Exceptional Bargains’Microsoft, Apple Drop OpenAI Board Plans as Scrutiny GrowsNYC Penthou  ( 63 min )

Honeywell did not violate workplace anti-discrimination laws by firing a white engineer who refused to participate in mandatory diversity, equity and inclusion training after the Black Lives Matter movement began, a U.S. appeals court ruled on Wednesday. The 7th U.S. Circuit Court of Appeals in Chicago found no proof that Honeywell retaliated against Charles Vavra, after he complained a video he was supposed to watch on preventing unconscious bias in the workplace contained racist content. In a 3-0 decision, the court said Vavra had no basis to reasonably believe the video violated Title VII of the federal Civil Rights Act or an Illinois human rights law, because he never watched the video in the first place.  ( 61 min )

The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities fraud in a scheme that prosecutors said cost global investment banks billions of dollars. Bill Hwang looked straight ahead as the verdict was read, taking several sips of water as the jury convicted him of 10 criminal counts. Federal prosecutors in New York said Hwang and his co-conspirators artificially inflated the values of nearly a dozen stocks before the investments collapsed, wiping out $100 billion in market value along with the company he created.  ( 60 min )

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Stock Has Gained 44% During Streak  ( 60 min )

The workforce is disenchanted and disengaged, but too constrained to leave.  ( 62 min )

Jerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 75 min )

Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.  ( 60 min )

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It's not often that legislation receives strong bipartisan support and is signed into law, but that's exactly what just happened as Congress seeks to spur nuclear power growth.  ( 62 min )

(Bloomberg) -- Google parent Alphabet Inc. has shelved efforts to acquire HubSpot Inc., according to people with knowledge of the matter, putting to bed the prospect of a takeover that would have ranked among the biggest of the year.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerMicrosoft, Apple Drop OpenAI Board Plans as Scrutiny GrowsDistressed Property Buyers Seek Out ‘Exceptional Bargains’NYC  ( 60 min )

REIT stocks have continued to suffer this year amid dampening hopes of interest rate cuts. However, analysts believe there are several growth catalysts for REITs ahead. Chilton Capital Management said in a report in May that REITs are nearing the ...  ( 62 min )

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It’s been a crazy few years in the industrial sector. A new report, out from Citigroup analyst Kyle Menges, takes especial note of the machinery segment, a set of industrial companies that build and market specialized heavy equipment for a wide variety of applications, from construction to agriculture, and pretty much everything in between. The machinery segment built up heavy work backlogs during the pandemic lockdown period a few years ago, on the combination of increased demand and constraine  ( 64 min )

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Artificial intelligence chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading higher Wednesday after leading contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported June revenue growth of 33% year-on-year. The preliminary second-quarter revenue grew 32% Y/Y. Taiwan Semiconductor’s revenue growth bears testimony to the continued AI frenzy. Analysts touted Nvidia as the primary AI beneficiary, followed by AMD. Also Read: Nvidia A  ( 60 min )

Renowned personal finance expert Suze Orman, host of the "Women & Money" podcast, recently shared several things that she firmly believes people should do if they receive an inheritance. "You have to look at your financial situation and you need to write everything down," she starts out. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Many are surprised by Mark Cuban’s advice for lotto winners: Cash or annuity? Before doing anything with you  ( 62 min )

Military spending is consistently a significant part of the United States budget, and there are no signs of that abating any time soon. In fact, for the 2025 fiscal year, the U.S. Department of Defense has requested $850 billion in defense spending, a ...  ( 62 min )

Many companies provide their salespeople or management with a company car. Typically, these cars aren’t anything fancy, but in the case of the German car manufacturer Volkswagen, managers were getting two free company cars, including a Porsche, if they wanted. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can in  ( 61 min )

Jerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.  ( 63 min )

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In an episode of the Dave Ramsey Show featuring Anthony O’Neal and Dr. John Delony, a caller named Dave from Pennsylvania discussed the challenges in managing finances within his relationship. Dave revealed his adherence to Ramsey’s financial strategies, including the debt snowball method and budgeting with tools like EveryDollar. He was also attempting to assist his girlfriend, who had cycled through seven jobs in the past year due to dissatisfaction, leading to significant financial instabilit  ( 62 min )

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Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands of Twitter employees he fired in mass layoffs after buying the social media company now known as X. U.S. District Judge Trina Thompson in San Francisco ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees' claims, and therefore she lacked jurisdiction. Lawyers for the plaintiffs did not immediately respond to requests for comment on Wednesday.  ( 61 min )

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On Thursday, investors will digest one of the most important data points that will shape future Federal Reserve interest rate policy: June's Consumer Price Index.  ( 63 min )

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Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out.  ( 60 min )

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Americans are all about that $1.5 million nest egg for retirement — living easy with golf trips and fancy cars. But "Shark Tank" tough guy Kevin O'Leary says to hold on — you can retire with just $500,000 — a big difference from the $5 million he suggested last August. According to Mr. Wonderful, the key is investing smartly and maybe scaling back your spending after you clock out for good. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? War  ( 61 min )

The US dollar continues to see a lot of upward pressure and the moment against the Japanese yen. This is a trend that is worth following over the next few sessions but be aware that the markets will be paying close attention to the CPI and PPI numbers on Thursday  ( 60 min )

If you are looking for ETFs that buy dividend-paying stocks, these are the three to consider first.  ( 62 min )

(Bloomberg) -- Advanced Micro Devices Inc. has agreed to buy Silo AI for $665 million in cash, adding a maker of artificial intelligence models that will help its push to close the gap on Nvidia Corp.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerNYC Penthouse Sells for $135 Million in Priciest Deal Since 2022Microsoft, Apple Drop OpenAI Boar  ( 61 min )

One veteran tech investor makes his case for a super surge in Nvidia's market cap into year end.  ( 62 min )

After a gangbusters runup last year, the stock markets are still on an upward trajectory. The tech-heavy NASDAQ is up almost 25% year-to-date, and the broader S&P 500 index has gained 17%. These solid results are underpinned by several sets of positive economic data released recently – resilient jobs numbers, a slowing pace of inflation, and better-than-expected Q1 earnings. According to John Stoltzfus, chief investment strategist from Oppenheimer, this background suggests that the current bulli  ( 63 min )

Advanced Micro Devices said on Wednesday it will acquire Finnish artificial intelligence startup Silo AI for about $665 million in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia. Building and training large language models is challenging, even for big tech companies. Silo AI will also strengthen AMD's software development capabilities.  ( 60 min )

Customers lodged 61,233 complaints against U.S. airlines in 2023, new Transportation Department data shows, with this airline getting the most gripes.  ( 62 min )

Buying beaten-down blue chip dividend stocks can be a great long-term investment strategy.  ( 64 min )

The company's most recent quarterly earnings suggest its stock won't be down for long.  ( 62 min )

The RSI has climbed well into overbought territory of late  ( 19 min )

SoundHound AI, Arm, Nano-X, Recursion, and TuSimple are all in Nvidia's portfolio.  ( 62 min )

Palantir has had an excellent 2024 so far.  ( 62 min )

Find the latest McCormick & Company, Incorporat (MKC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest KKR & Co. Inc. (KKR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

With most stocks trading at premium valuations, investors can get a safe and simple return from this dividend giant.  ( 62 min )

Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Armada Hoffler Properties, Inc. (AHH) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

As you age, the rules for withdrawing money from your IRA change. For many years, retirees had to start withdrawing money after age 70 1/2. Under new rules, you must start taking required minimum distributions (RMDs) every year after age 73, or face steep IRS penalties. While the specifics can get complicated, the basics boil […] The post Rules for Cashing Out Your IRA After Age 70 appeared first on SmartReads by SmartAsset.  ( 63 min )

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To really build a complete retirement budget as a couple, you’ll need to take into account both potential income sources and realistic expenses. While it's possible to come up with an estimated income or range of incomes from these figures, the expense side of the budget is equally important and potentially much more variable. Other […] The post We Are 65 With $1.9 Million in a 401(k) and IRA, and $5,200 Monthly From Social Security. What's Our Retirement Budget? appeared first on SmartReads by  ( 63 min )

Long-term care costs like nursing home care can quickly drain retirement savings. Medicare provides little help paying these bills, but Medicaid can cover nursing home costs for those who meet strict financial eligibility rules. Certain strategies like special trusts, home equity transfers and annuities can help meet those eligibility rules and protect assets like your […] The post Can a Nursing Home Take Our Savings? We Have a $250k IRA, a House and Other Assets appeared first on SmartReads by  ( 64 min )

Jerome Powell steps up for part 2 of his policy update to Congress, with investors on the alert for more clues to rate cut prospects.  ( 64 min )

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My wife and I are 30 and 34. We have $950,000 in Roth IRAs, $900,000 in mutual funds and five-year CDs and we own our home worth $600,000. We have zero debt. I feel like we have to keep saving and investing to have a financially secure future, but my wife wants to live more […] The post Ask an Advisor: Can We Afford to Retire When the Kids Turn 18? We Have $1.85M in Savings appeared first on SmartReads by SmartAsset.  ( 59 min )

(Bloomberg) -- Distressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidAsia’s Richest Banker Gets Caught in Adani  ( 63 min )

How much longer can this rally last?  ( 61 min )

Is the stock a bargain, or just a value trap?  ( 62 min )

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This leading real estate investment trust has a stellar track record of growth and income. And it's on sale right now.  ( 62 min )

A majority of the stocks in the S&P 500 haven't seen earnings grow in over a year. That's about to change.  ( 27 min )

One area of outsized growth for Tesla beyond its car business could be energy.  ( 62 min )

Palantir's stock is not for the faint hearted.  ( 62 min )

The clock is ticking until Broadcom's stock split. Should you move quickly?  ( 62 min )

Stock splits are often a consequence of long-term value creation, and some of the world's best technology companies have used them.  ( 28 min )

This electric semi-truck maker faces a lot of near-term challenges.  ( 62 min )

An aircraft assembler has priced its stock at the middle of a range in Hong Kong, becoming the first company of its kind to raise capital on the local exchange, as the city's pace of fundraising picks up from a three-year slump. Cirrus Aircraft, the Minnesota-based assembler of light planes that has been owned since 2011 by China Aviation Industry General Aircraft (Caiga), will offer its shares at HK$27.50 (US$3.52) apiece, Reuters reported, citing a source with direct knowledge of the matter. C  ( 61 min )

If you are looking for energy stocks that you can count on, try Chevron and Enterprise Products Partners on for size.  ( 62 min )

The chipmaker is a different company than it was a few years ago.  ( 21 min )

These three dividend payers could deliver buckets of passive income to patient investors.  ( 27 min )

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Is retirement now a luxury? With rising costs and without pensions, millions of seniors can’t afford to stop working into their 70s, even 80s.  ( 64 min )

Among Microsoft, Apple, Alphabet, Amazon, Meta Platforms, and Tesla, are two "magnificent" peers of Nvidia's that are primed for stock splits of their own.  ( 64 min )

Nvidia stock has gained nearly 700% over the past two years.  ( 62 min )

These three growth stocks have what it takes to compound your wealth over many more years.  ( 64 min )

The company's technology underpins much of the artificial intelligence (AI) ecosystem, but is the stock a buy before July 11?  ( 62 min )

Investors should consider leaning into the AI build-out and adoption phase amid a transformation that is on par with the Industrial Revolution, BlackRock strategists said.  ( 61 min )

Developing the most advanced artificial intelligence (AI) models wouldn't be possible without the semiconductor industry.  ( 64 min )

Shares in Volkswagen fell 1.5% in early Frankfurt trade after Europe's biggest carmaker late on Tuesday issued a profit warning due to charges related to the possible closure of Audi's Brussels plant. Volkswagen said the costs of finding an alternative use for the Brussels plant or closing it, as well as other unplanned expenses, would have an impact totalling up to 2.6 billion euros ($2.8 billion) in the 2024 financial year. As a result of the charges, which also include expenses related to the closure of the gas turbine business of MAN Energy Solutions, Volkswagen now expects an operating return on sales of 6.5-7% in 2024, down from 7-7.5% previously.  ( 60 min )

Legendary investor Warren Buffett is well known for making sensible decisions, and one of his favorite oil companies, Occidental Petroleum (NYSE:OXY), stands poised for a potentially significant boost from Republican challenger and former President Donald Trump. Following a disastrous debate performance by current President Joe Biden, the Democrats are in big trouble. It’s not just about serious concerns about Biden’s ability to handle another year – let alone a second term – in the White House.  ( 62 min )

(Bloomberg) -- Asian equities were mostly lower on Wednesday following fresh highs for US equities as traders parsed comments from Federal Reserve Chairman Jerome Powell about the US economic picture.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets C  ( 62 min )

(Bloomberg) -- Baidu’s shares jumped by the most in more than a year and bullish options bets surged to a record on signs of growing popularity for its Apollo Go robotaxi in China. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hind  ( 61 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales were buoyed by the AI boom that’s fueling data center investment worldwide. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hindenburg CrossfireThe sole sup  ( 60 min )

TSMC, the world's largest contract chipmaker, reported on Wednesday second quarter revenue of T$673.51 billion ($20.67 billion), according to Reuters calculations, handily beating market forecasts. An LSEG SmartEstimate, drawn from 21 analysts, predicted second quarter revenue of T$654.27 billion. ($1 = 32.5790 Taiwan dollars)  ( 59 min )

Lawrence Cheng, whose family owns seven Wendy’s locations south of Los Angeles, took orders at the register on a recent day and emptied steaming hot baskets of French fries and chicken nuggets, salting them with a flourish. Cheng used to have nearly a dozen employees on the afternoon shift at his Fountain Valley location in Orange County. Now he only schedules seven for each shift as he scrambles to absorb a dramatic jump in labor costs after a new California law boosted the hourly wage for fast food workers on April 1 from $16 to $20 an hour.  ( 67 min )

(Bloomberg) -- Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Gets Caught in Adani-Hindenburg CrossfireThe boom in AI is driving a surge in Taiwanese exports, with the island’s companies shipping more than $42 billion worth of graphic processing units a  ( 61 min )

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(Bloomberg) -- JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Ge  ( 61 min )

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Find the latest UMB Financial Corporation (UMBF) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Find the latest Progyny, Inc. (PGNY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Find the latest Vistra Corp. (VST) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Apple could stand to double its revenue growth by selling ads on Apple TV+, Needham analysts said, and lifted the iPhone maker’s price target Wednesday.  ( 1 min )

HubSpot shares tumbled Wednesday after reports that Google parent Alphabet was no longer trying to buy the CRM company.  ( 1 min )

Advanced Micro Devices moved to boost its position in the artificial intelligence market by buying Silo AI, Europe's largest private AI lab.  ( 1 min )

The company behind TurboTax will cut 10% of its employees, but then replace them with those who will focus on artificial intelligence efforts.  ( 1 min )

3M Chief Financial Officer Monish Patolawala has left the company to take the same position at Archer Daniels Midland, the company announced Wednesday.  ( 1 min )

S&P 500 companies excluding the Magnificent 7 are expected to post their first quarter of year-over-year earnings growth since the fourth quarter of 2022, while growth for the Magnificent 7 slows, according to Bank of America analysts.  ( 1 min )

Honeywell is buying the liquified natural gas process technology and equipment business from Air Products & Chemicals for $1.81 billion in cash.  ( 1 min )

Samsung Electronics workers in South Korea have extended an ongoing strike "indefinitely," according to a labor union statement Wednesday.  ( 1 min )

Costco said it is raising its membership fees for the first time since 2017, sending the retailer's stock higher in extended trading Wednesday.  ( 1 min )

Macy's announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.  ( 1 min )

Walmart has made a number of investments in artificial intelligence and automation in recent years, and Jefferies analysts wrote Wednesday that they are starting to pay off.  ( 1 min )

Baidu shares rose in intraday trading Wednesday amid reports of optimism about the Chinese tech firm's robotaxi.  ( 1 min )

Taiwan Semiconductor Manufacturing Company on Wednesday released sales figures for June that showed second-quarter revenue rose 40% from last year.  ( 1 min )

Microsoft has given up its non-voting board seat on OpenAI's board less than a year after taking it, while Apple has declined taking a similar role as its partnership with OpenAI grows, according to reports.  ( 1 min )

The S&P 500 added 1% on Wednesday, July 10, 2024, posting a sixth straight record close as Fed Chair Jerome Powell gave a boost to rate-cut expectations.  ( 1 min )

Tesla stock continued its winning streak Wednesday as Goldman Sachs analysts joined the recent string of analysts raising price targets for the electric vehicle maker.  ( 1 min )

Shares of Rice Krispies and Special K maker WK Kellogg slipped Wednesday after Bank of America put a bearish rating on the cereal company’s shares.  ( 1 min )

Nvidia shares gained again on Wednesday, nearing a record high, as the chipmaker continues to benefit from investor enthusiasm about the company's strong position during the AI boom.  ( 1 min )

The S&P 500 and Nasdaq added to their record highs in intraday trading Wednesday amid optimism about rate cuts by the Federal Reserve.  ( 1 min )

Carvana shares drove higher Wednesday after analysts at Needham upgraded its stock to "buy" from "hold" and the company unveiled new features for buying electric vehicles.  ( 1 min )

Stock futures are pointing to a higher open for major U.S. indexes on Wednesday, as investors await another day of congressional testimony from Federal Reserve Chair Jerome Powell ahead of a busy calendar for economic data and corporate earnings later in the week.  ( 1 min )

Keep updated on the latest events that are effecting markets, the economy, and your portfolio.  ( 1 min )

LegalZoom shares tanked Wednesday after the company said CEO Dan Wernikoff was departing and it reduced its full-year guidance.  ( 1 min )

Corning shares surged 16% in the past two sessions to a three-year high after the company boosted its outlook due to increasing demand for its optical connectivity products used in generative AI applications. Monitor these key chart levels.  ( 1 min )

CNN, dat de laatste tijd kampt met tegenvallende kijkcijfers, heeft een nieuwe betaalde streamingdienst aangekondigd. Tegelijkertijd schrapt de bekende Amerikaanse nieuwszender ongeveer honderd banen.  ( 1 min )

Elon Musk heeft een rechtszaak gewonnen die was aangespannen door ontslagen werknemers bij zijn socialemediaplatform X. De klagers beweerden nog geld te krijgen van de miljardair, maar een rechter heeft hun claims van de hand gewezen.  ( 1 min )

Huisartsen die in dienst zijn bij een praktijk of gezondheidscentrum krijgen tussen augustus 2024 en oktober 2025 ruim 10 procent extra loon. Hiermee moet het werk voor deze huisartsen aantrekkelijk blijven.  ( 1 min )

In Europa geldt vrijheid van meningsuiting en persvrijheid, maar Rusland misbruikt die vrijheden om in Europa haat, desinformatie en propaganda te verspreiden. Daarvoor waarschuwden Letland, Estland en Litouwen oftewel de Baltische staten woensdag in het Europees Hof van Justitie.  ( 1 min )

In Europa geldt vrijheid van meningsuiting en persvrijheid, maar Rusland misbruikt die vrijheden om in Europa haat, desinformatie en propaganda te verspreiden. Daarvoor waarschuwden Letland, Estland en Litouwen woensdag in het Europees Hof van Justitie.  ( 1 min )

Samsung heeft de Galaxy Z Fold 6 en Z Flip 6 gepresenteerd. Beide telefoons hebben vouwschermen en zijn dunner en lichter dan hun voorgangers, maar ze krijgen ook een hoger prijskaartje.  ( 1 min )

Bij de samensmelting van de vakantieparken Roompot en Landal wordt Koos Konijn de leidende mascotte. Maar Bollo verdwijnt voorlopig nog niet helemaal van het toneel. De parken gaan samen verder onder de naam Landal.  ( 1 min )

Bij de samensmelting van de vakantieparken Roompot en Landal wordt Koos Konijn de leidende mascotte. Maar Bollo verdwijnt voorlopig nog niet helemaal van het toneel. De parken gaan samen verder onder de naam Landal.  ( 1 min )

De Europese Commissie heeft de staatssteun van 10,4 miljard euro voor Air France-KLM opnieuw goedgekeurd. De Nederlandse en Franse overheid voorkwamen met die leningen en kredietgaranties een faillissement van het luchtvaartconcern na het uitbreken van de coronacrisis.  ( 1 min )

Supermarkten in ons land blijven tijdens de EK-wedstrijd tussen Nederland en Engeland veelal geopend. Albert Heijn, Jumbo en Dirk van den Broek hanteren verschillende varianten, blijkt uit een rondgang van NU.nl.  ( 1 min )

Supermarkten in ons land blijven tijdens de EK-wedstrijd tussen Nederland en Engeland veelal geopend. Albert Heijn, Jumbo en Dirk van den Broek hanteren verschillende varianten.  ( 1 min )

Veel bedrijven voldoen nog niet aan aanstaande nieuwe Europese regels om online diensten veiliger te maken. "Werk aan de winkel", zegt toezichthouder ACM, dat vijftig bedrijven onderzocht.  ( 1 min )

In België is deze week een campagne begonnen om euromunten in roulatie te krijgen die mensen ergens thuis hebben. Volgens de FOD Financiën, het Belgische ministerie van Financiën, zijn er te weinig munten in omloop.  ( 1 min )

Werknemers van de Zuid-Koreaanse technologiegigant Samsung willen voor onbepaalde tijd staken als het bedrijf niet aan hun eisen voldoet.  ( 1 min )

Werknemers van de Zuid-Koreaanse technologiegigant Samsung willen staken voor onbepaalde tijd als het bedrijf niet aan hun eisen voldoet.  ( 1 min )

Het nieuwe kabinet doet er goed aan om nu in te zetten op CO2-verwijdering, zegt een groep vooraanstaande wetenschappers. Dat biedt kansen voor ons bedrijfsleven én klimaat. "Het verhogen van dijken kost meer."  ( 1 min )

Het nieuwe kabinet doet er goed aan om nu in te zetten op CO2-verwijdering, zegt een groep vooraanstaande wetenschappers. Dat biedt kansen voor ons bedrijfsleven én klimaat. "Het verhogen van dijken kost meer."  ( 1 min )

In de eerste drie maanden van dit jaar zijn er flink meer nieuwbouwwoningen verkocht dan een jaar eerder. De gemiddelde verkoopprijs van nieuwbouwwoningen daalde.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Is Brussel buiten zijn boekje gegaan met het blokkeren van Russische media? Het Europees Hof van Justitie behandelt woensdag een rechtszaak tegen de Raad van de EU. Pers- en informatievrijheidsorganisaties hebben de raad aangeklaagd vanwege de Europese censuur.  ( 1 min )

Real wages in the U.S. should be able to rise to pre-pandemic levels without significantly affecting inflation, the Organisation for Economic Co-operation and Development said Tuesday.  ( 20 min )

The federal government is spending far more than it takes in each year—a problem that’s likely to get worse in the absence of a course correction that is nowhere on the horizon.  ( 21 min )

Stock's Hot Run Extends to 10 Straight Session  ( 21 min )

The S&P 500 inched 0.1% higher on Tuesday, July 9, as Fed Chair Jerome Powell struck an optimistic tone about cooling inflation in his first day of Congressional testimony.  ( 17 min )

Micron Technology and Monolithic Power Systems could benefit from the upcoming Blackwell launch as Nvidia partners.  ( 20 min )

Inflation will likely move lower, though it may take a while for housing costs to fall in line, Treasury Secretary Janet Yellen told the House Financial Services Committee Tuesday.  ( 18 min )

Amazon Web Services and the company's advertising business could act as tailwinds for its stock over the rest of the year, according to Jefferies analysts.  ( 18 min )

Bank of America analysts said Tuesday that revenue for Apple's App Store rose 13% in the third quarter compared with the same time last year.  ( 21 min )

Consumers' budgets are stretched, leading them to choose essential spending over discretionary items, Helen of Troy executives said Tuesday.  ( 20 min )

For the past two years, policymakers at the Federal Reserve have been focused on the “inflation” side of the central bank’s two-part mission of keeping prices stable while keeping employment high. As the labor market slows, that’s starting to change.  ( 22 min )

Stock is Biggest Decliner on S&P 500 Tuesday  ( 18 min )

Several analysts kicked off coverage of Tempus AI with bullish comments, anticipating gains from its applications of artificial intelligence in healthcare.  ( 21 min )

UBS on Tuesday upgraded chemical company Chemours, arguing that the market has been too negative on the stock, which it believes can outperform.  ( 19 min )

Tirzepatide Found To Cause More Weight Loss Than Semaglutide  ( 21 min )

Bitcoin's price is holding steady Tuesday, perhaps as robust spot bitcoin exchange-traded funds' (ETFs') inflows offset price weakness from large investors selling the crypto asset.  ( 22 min )

Nvidia shares rose Tuesday as KeyBanc analysts raised their price target for the chipmaker's stock, citing better-than-expected demand for Nvidia's upcoming Blackwell platform.  ( 20 min )

The S&P 500 and Nasdaq added to their all-time highs at midday Tuesday as Fed Chair Jerome Powell told Congress economic growth could be hurt by keeping interest rates high for too long.  ( 20 min )

Brookfield and family member shareholders of Grifols are in talks to take the Spanish pharmaceutical firm private.  ( 20 min )

Kymera Therapeutics shares jumped Tuesday, a day after it said partner Sanofi agreed to expand research into its experimental treatment for skin diseases.  ( 17 min )

Helen of Troy shares crashed Tuesday after the consumer products maker missed profit and sales estimates and slashed its guidance as beauty and wellness product demand slumped.  ( 18 min )

Tokyo Disneyland operator Oriental Land Co. has agreed to invest about 330 billion yen ($2.05 billion) to launch a Tokyo-based cruise ship, the company announced Tuesday.  ( 20 min )

BP, Exxon both say weak refining margins likely to hit earnings  ( 20 min )

News of the day for July 9, 2024  ( 19 min )

Shares Dropped More Than 5% on Monday  ( 20 min )

Shares Gained More Than 6% on Monday  ( 20 min )

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The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.  ( 60 min )

(Bloomberg) -- Apple Inc. reported a 21% gain in personal computer shipments in the second quarter, the biggest jump among global PC makers as part of a budding industry recovery that produced a second consecutive period of growth.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidHurricane Beryl Makes a Mockery of Texas Climate DeniersS&P 500 Holds Gains as Fed Bets Steady on Powell: Markets Wr  ( 60 min )

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Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bring in as much as $20 billion, more than double his assets under management, some of that from retail investors. The new fund, Pershing Square USA Ltd, will offer lower fees for investors and quicker access to capital than traditional hedge funds, regulatory filings show. There will be no management fee charged for the first year after the fund's initial public offering and no performance fees ever.  ( 61 min )

Thirty-year Nike veteran Tom Peddie will be rehired as vice president of marketplace partners, the company said.  ( 61 min )

Tesla's stock is on track for its tenth straight day of gains.  ( 62 min )

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Ready to invest in African e-commerce? This stock could be your best bet.  ( 61 min )

Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.  ( 61 min )

Shares of software company Palantir Technologies, Inc. (PLTR) are on fire thanks to AI-related revenue growth.  ( 60 min )

Stock is Biggest Decliner on S&P 500 Tuesday  ( 60 min )

Benchmark initiated coverage of JMIA with a "buy" rating  ( 60 min )

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Federal Reserve Chair Jerome Powell did little to shake up a stock market that was already hovering around record levels. What will really matter this week is inflation data. The Dow is down 14 points, or less than 0.1%., in Tuesday afternoon trading. The S&P 500 was up 0.1%. The Nasdaq Composite w  ( 20 min )

Every shopper wants to find a bargain; it’s one of the thrills when we go looking to buy things. Finding what we want at a lower price than we planned on spending – that’s always a bit exciting. And this holds true for the stock markets, too. It’s the allure behind value stocks. According to Bank of America, the value stock segment, typically priced lower than their underlying strengths would suggest, has badly lagged the growth stocks so far this year. The bank’s research equity and quant strat  ( 65 min )

These two household-name dividend stocks are must-haves in your portfolio -- especially at today's modest stock prices.  ( 62 min )

Billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, the Information reported on Tuesday.  ( 59 min )

No politician will tell you this, so we will: Well-off seniors are going to bear much of the burden for getting control of the national debt.  ( 64 min )

Fisker Inc. co-founders Henrik Fisker and his wife Geeta Gupta-Fisker are lowering their salaries to $1 in order to keep their failed EV startup's bankruptcy proceedings funded, as lawyers work to complete a sale of its remaining inventory. Fisker Inc.'s restructuring officer John DiDonato said in a Tuesday morning filing that the couple, who co-founded the startup in 2016, made the decision July 8 -- just five days after he was grilled about the issue by Lisa Richenderfer, a lawyer for the office of the U.S. Trustee. In that July 3 hearing, Richenderfer asked DiDonato whether the Fiskers were still on the payroll.  ( 63 min )

Tesla's stock is on track for its tenth straight day of gains.  ( 62 min )

At the 30/50 Summit in Abu Dhabi, financial guru Suze Orman emphasized the immense value of consistent, small investments over daily indulgences. In a conversation with American talk show host Mika Brzezinski, Orman illustrated this by comparing the cost of a daily Starbucks coffee to the potential growth of a Roth IRA. Orman explained that if a 25-year-old skipped their daily Starbucks and invested $100 a month into a Roth IRA, they could amass $1 million by retirement. Don't Miss: The average  ( 62 min )

Utility stocks are often a go-to choice for investors seeking steady income and long-term stability. In this piece, we highlight three such companies — Duke Energy, OGE Energy, and Evergy — that possess these qualities and offer attractive dividend ...  ( 61 min )

(Bloomberg) -- Investors should brace themselves for a bout of stock market volatility this week after a lengthy period of calm, based on a warning from JPMorgan Chase & Co.’s trading desk.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidSaudis Warned G-7 Against Russia Seizures With Debt Sale ThreatZyn Imitators Rush In as Online Sales Halt Worsens US ShortageRich Chinese Return to Hong Kong  ( 61 min )

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Jerome Powell will shed light on the Fed's picture of the economy as he gives a policy update to the Senate.  ( 68 min )

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The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to cutting interest rates. The Fed has made “considerable progress” toward its goal of defeating the worst inflation spike in four decades, Powell said in his testimony to the Senate Banking Committee. Powell pointedly noted that “elevated inflation is not the only risk we face."  ( 62 min )

There are plenty of ways to invest in the growing demand for semiconductors.  ( 63 min )

Stocks are long overdue to lose steam, pros argue.  ( 61 min )

As you approach retirement, your financial focus shifts. During your working life, retirement is about goals and planning. You decide what kind of lifestyle you want, figure out what kind of income will support that spending, then build a savings and investment plan to reach those goals. That should be your retirement approach at age […] The post I’m 65 With $1.2 Million in an IRA. I’ll Get a $2,900 Monthly Social Security Benefit. What’s My Retirement Budget? appeared first on SmartReads by Sma  ( 64 min )

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You don't need to know everything about Social Security, but this one tidbit is crucial.  ( 61 min )

The tech world has seen a raft of changes in the past decade, starting with the rollout of 5G networks on a nationwide scale and continuing with today’s boom in generative AI. These technologies have impacted every technology segment, in ways that are still unfolding. The banking giant Goldman Sachs has taken a deep dive into the ways that these changes are reverberating within tech’s telecom segment and has come to some interesting conclusions. First, the bank notes that 5G’s main contribution  ( 64 min )

Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. On Sunday, Schiff took to X to share his observations on the current trading patterns and ETF inflows of Bitcoin. He suggested that while the “smart money” is selling Bitcoin in the spot market, the “dumb money” is buying it through ETFs. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through  ( 61 min )

U.S. stock investors face three big threats: “overvaluation on over-euphoria, misunderstanding the economic reality, and the political aspect,” argues strategist Bill Blain.  ( 62 min )

Large deposits do not go unnoticed by financial institutions — and for good reason, experts note.  ( 62 min )

“Must we agree to have this hanging over our heads that long?”  ( 64 min )

News of the day for July 9, 2024  ( 61 min )

Shares Dropped More Than 5% on Monday  ( 60 min )

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Jerome Powell will shed light on the Fed's picture of the economy as he gives a policy update to the Senate.  ( 64 min )

The memory chipmaker stock has been soaring as demand keeps rising.  ( 62 min )

The company said it would start identifying a successor for Dolsten, a process which is expected to last several months. Dolsten joined Pfizer as part of the Wyeth acquisition in 2009, when he was named president of Worldwide Research and Development with the responsibility to lead all of Pfizer's research as well as development of all its treatments through mid-stage studies.  ( 59 min )

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Find the latest Tamboran Resources Corporation (TBN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.  ( 22 min )

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Alphabet and Amazon have a shot at surpassing Nvidia over the next few years.  ( 62 min )

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With AI threatening to steal corporate jobs and recent graduates finding themselves “unemployable”, trade jobs are becoming increasingly attractive—and lucrative.  ( 61 min )

These companies' stocks hit record highs this week but could have a lot more to offer over the long term.  ( 62 min )

My spouse will inherit her father's house outright upon death and wants to sell it immediately. Would she be subjected to capital gains tax (above the $250,000 exclusion) on the sale and would it matter if only she is on the deed? Or would it make sense to have both of us on the deed to […] The post Ask an Advisor: We’re Inheriting a House. How Can We Avoid Capital Gains Tax When We Sell It? appeared first on SmartReads by SmartAsset.  ( 63 min )

The S&P 500 and the Nasdaq inched upwards to close at record highs on Monday, lifted by the rally in chip stocks as the Philadelphia semiconductor index rose to a more than two-week high. That marked the 35th time this year the benchmark index has set a fresh closing record, as sharp gains in AI-linked stocks and technology shares have kept equity sentiment bright, offsetting the uncertainty around the central bank's rate-cut plans. Investors will scrutinize Powell's Congressional testimony later in the day to gauge how the central bank is assessing recent economic data that points to a slowdown in the labor market, amid other signs of potential economic weakness.  ( 61 min )

The S&P 500 is near its all-time high, but not all stocks are in the same boat.  ( 62 min )

Federal Reserve Chair Jerome Powell on Tuesday testifies before the Senate Banking Committee in a hearing likely to take stock of whether recent signs of slowed inflation and a slowing U.S. job market will prompt the central bank to accelerate its plans to cut interest rates. At the Fed's June 11-12 meeting the median projection of 19 officials was for just a single quarter-point rate cut by the end of the year, but since then inflation data has come in weaker than expected and several policymakers - including Powell - have begun noting concerns about a slowing job market. Data last week showed firms added a still-healthy 206,000 jobs in June, but revisions to prior months show the trend is lower, and Powell in recent public comments said the U.S. may be at the point where further weakening in the economy causes a jump in the unemployment rate.  ( 62 min )

This small AI company is nicely positioned in the AI race.  ( 62 min )

There are a lot of ifs involved in just being “okay” at that savings level too.  ( 63 min )

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After underperforming the benchmark index these stocks offer high dividend yields that are hard to ignore.  ( 62 min )

One of Wall Street's most-revered billionaire asset managers sent shares of Nvidia to the chopping block in favor of four fast-paced, industry-leading businesses.  ( 64 min )

(Bloomberg) -- The rally in artificial-intelligence stocks may show little sign of flagging, but a historical review suggests it’s time to take profit in the biggest names, according to strategists at Citigroup Inc.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidZyn Imitators Rush In as Online Sales Halt Worsens US ShortageBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max Crashe  ( 55 min )

The true apple of Buffett's eye has been purchased for 23 consecutive quarters.  ( 63 min )

Oracle and Alphabet could join the ranks currently occupied by Microsoft, Apple, and Nvidia by the end of the next decade.  ( 64 min )

He's known as 'Mr. Fix-It.'  ( 61 min )

These AI stocks could be the next winners of the AI boom...  ( 62 min )

A lot of stock-split investors are making these two mistakes.  ( 25 min )

Asian shares were mostly higher Tuesday, with Tokyo's benchmark hitting another record, after Wall Street benchmarks reached more milestones. Japan's benchmark Nikkei 225 jumped 2.0% to finish at a record high 41,580.17. Technology-related shares led gains, with computer chip maker Tokyo Electron surging 3.8% and chip testing equipment maker Advantest up 4.1%.  ( 62 min )

(Bloomberg) -- Some of China’s 200 million mom-and-pop investors have given themselves a sarcastic new nickname in a show of frustration with the country’s failure to prop up the stock market.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidZyn Imitators Rush In as Online Sales Halt Worsens US ShortageBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With  ( 61 min )

(Bloomberg) -- Japanese stocks led gains in Asia as semiconductor-related shares followed their US peers higher. Investors are awaiting Jerome Powell’s testimony to Congress.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidMorgan Stanley’s Wilson Says a 10% Stock Market Correction Is ‘Highly Likely’Biden’s Biggest Donors Left Powerless to Sway Him to End BidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Tr  ( 27 min )

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The technology companies flying just outside of our radar may be the ones that have the most room to run this year. Undoubtedly, there’s more to investing than just buying the largest seven companies in the stock market. Bigger has been better, at least in the past year. But what has worked best in the recent past may not continue to work so well in the future. Right now, investors may wish to check out some Strong-Buy-rated stocks for a shot at making the most of the tech-driven rally while pot  ( 62 min )

Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings basis.  ( 60 min )

Shares Gained More Than 6% on Monday  ( 60 min )

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Tesla’s (NASDAQ:TSLA) journey in 2024 has been anything but smooth. We’ve got factory shutdowns, shipping woes, and some serious competition nipping at Tesla’s heels, especially in China. Yet, Elon Musk’s unwavering commitment to expanding Tesla’s EV lineup has kept the company on track. The recent release of Tesla’s Q2 production and delivery report has everyone talking. While the numbers show a decline compared to last year, they still managed to beat analysts’ expectations, giving the stock a  ( 63 min )

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The company has a $100 billion asset that can pave the way for better profits.  ( 62 min )

Tesla's share of U.S. electric vehicle sales fell below 50% for the first time as overall EV sales reached a record high, according to new research. Tesla's stock, meanwhile, rose for the 10th consecutive session on Tuesday.  ( 1 min )

Micron Technology and Monolithic Power Systems could benefit from the upcoming Blackwell launch as Nvidia partners.  ( 1 min )

Bank of America analysts said Tuesday that revenue for Apple's App Store rose 13% in the third quarter compared with the same time last year.  ( 1 min )

Consumers' budgets are stretched, leading them to choose essential spending over discretionary items, Helen of Troy executives said Tuesday.  ( 1 min )

Several analysts kicked off coverage of Tempus AI with bullish comments, anticipating gains from its applications of artificial intelligence in healthcare.  ( 1 min )